Phyllis Mugure
Status: Paid Back
| $425.00 | Loan Request | |
|---|---|---|
| $425.00 | Paid Back |
About the Entrepreneur
| Name: | Phyllis Mugure |
|---|---|
| Location: | Ole Roimen, Kajiado, Kenya |
| Activity: | Water Distribution |
About the Loan
| Loan Amount: | $425.00 |
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| Loan Use: | With the money that Phyllis has requested, she plans to improve her welding business and the paraffin one. |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Jun 15, 2006 |
| Date Disbursed: | Apr 13, 2005 |
| Date Funded: | Mar 30, 2005 |
| Loan Ended: | Jun 5, 2007 |
About the Field Partner
About the Field Partner
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| Field Partner: | Women`s Economic Empowerment Consort (WEEC) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 44 months |
| Kiva Entrepreneurs: | 1147 |
| Total Loans: | $472,185 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 38.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Kenya |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | United States Dollars (USD) |
This business is a member of Queen Esther Women Group. Group lending, also
known as solidarity lending, is a mechanism that allows a number of
individuals to provide collateral or guarantee a loan through a group
repayment pledge. The incentive to repay is based on peer pressure; if
one person in the group defaults, the other group members make up the
payment amount. - Kiva Staff
Phyllis Mugure is a very hardworking. She is married and has five children. She is the assistant secretary of the group.
Phyllis operates three businesses jointly with the husband that is selling water, paraffin and welding. While the husband is mostly based at the paraffin pump which is far from the home stead, she manages both the welding and water supply which are at their area of residence. Her businesses are performing well as she is the only person doing the welding and sale of water business in the area.
known as solidarity lending, is a mechanism that allows a number of
individuals to provide collateral or guarantee a loan through a group
repayment pledge. The incentive to repay is based on peer pressure; if
one person in the group defaults, the other group members make up the
payment amount. - Kiva Staff
Phyllis Mugure is a very hardworking. She is married and has five children. She is the assistant secretary of the group.
Phyllis operates three businesses jointly with the husband that is selling water, paraffin and welding. While the husband is mostly based at the paraffin pump which is far from the home stead, she manages both the welding and water supply which are at their area of residence. Her businesses are performing well as she is the only person doing the welding and sale of water business in the area.
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Journal entries for Phyllis Mugure
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Receipt of USD.420
Location: Ole Roimen, Kajiado, Kenya
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Posted by
Herbert musinguzi from Ole Roimen, Kajiado, Kenya
May 12, 2006 |
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Comment on this entry
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Repayment Schedule for Phyllis Mugure
Repayment Schedule for Phyllis Mugure
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2006 | $0.00 | $71.00 | |||
| October 2006 | $0.00 | $75.00 | |||
| November 2006 | $0.00 | $35.00 | |||
| January 2007 | $0.00 | $35.00 | |||
| February 2007 | $0.00 | $35.00 | |||
| March 2007 | $0.00 | $37.00 | |||
| May 2007 | $0.00 | $36.00 | |||
| June 2007 | $0.00 | $72.00 | |||
| August 2007 | $0.00 | $29.00 | |||
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