Hellen Mason
Status: Paid Back
| $450.00 | Loan Request | |
|---|---|---|
| $450.00 | Paid Back |
About the Entrepreneur
| Name: | Hellen Mason |
|---|---|
| Location: | Olturoto, Kajiado District, Kenya |
| Activity: | Cattle |
About the Loan
| Loan Amount: | $450.00 |
|---|---|
| Loan Use: | Hellen plans to increase stock and be able to sell to buyers from the nearby town because they normally miss out on market days. |
| 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: | May 2, 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 the Naretoi 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
Hellen is married with 4 children and 6 dependants. She has been a member of Naretoi women Group for five years. She is a devoted Christian and a member of ACK church.
Hellen was given her first loan of USD.300 by WEEEC in 2001. She Started her business of buying and selling of sheep and goats. She paid very well and was later given another loan of USD.450 in 2003. She is able to buy and sell a minimum of 15 goats and sheep once a week. She is doing very well so far and targets to sell at least 25 per week. This will give her enough income to provide for her family without much strain.
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
Hellen is married with 4 children and 6 dependants. She has been a member of Naretoi women Group for five years. She is a devoted Christian and a member of ACK church.
Hellen was given her first loan of USD.300 by WEEEC in 2001. She Started her business of buying and selling of sheep and goats. She paid very well and was later given another loan of USD.450 in 2003. She is able to buy and sell a minimum of 15 goats and sheep once a week. She is doing very well so far and targets to sell at least 25 per week. This will give her enough income to provide for her family without much strain.
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Journal entries for Hellen Mason
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Business Update
Location: Olturoto, Kajiado District, Kenya
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Posted by
Herbert musinguzi from Olturoto, Kajiado District, Kenya
May 13, 2006 |
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Comments (2)
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Repayment Schedule for Hellen Mason
Repayment Schedule for Hellen Mason
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2006 | $0.00 | $37.00 | |||
| October 2006 | $0.00 | $149.00 | |||
| December 2006 | $0.00 | $63.00 | |||
| January 2007 | $0.00 | $60.00 | |||
| February 2007 | $0.00 | $38.00 | |||
| May 2007 | $0.00 | $33.00 | |||
| July 2007 | $0.00 | $70.00 | |||
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