Rebecca Tarayia Nkono


Status: Paid Back

$900.00   Loan Request
$900.00   Paid Back

About the Entrepreneur

Name: Rebecca Tarayia Nkono
Location: Olturoto, Kajiado District, Kenya
Activity: Cattle

About the Loan

Loan Amount: $900.00
Loan Use: She intends to restock such that she utilizes the rains which have just started after along period of drought. She will be assured of high income after a few months of grazing.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 15, 2006
Date Disbursed: Apr 13, 2005
Date Funded:Mar 30, 2005
Loan Ended:Jun 2, 2007

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. 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



Rebecca is married with 6 children .She doubles as church secretary and merry go round.

Rebecca received her first loan of USD.300 from WEEC in 2001. She bought her first 2 steers paid well and in 2003 she was given another loan of USD.450 which enabled her to buy 3 more steers. To date Rebecca has a total of 13 steers. This business enables her to educate her children in good schools and provide for the rest of the family.

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Lenders to this entrepreneur

Brian
Fairbanks, AK
United States

Anonymous
San Francisco, AK
United States

Jane
Winchester, Hampshire
United Kingdom

Anonymous
Boston, MA
United States

Anonymous
AK
United States

Anonymous
Rochester, AK
United States

Nathan
Brooklyn, NY
United States

Anonymous
AK
United States

Richard
Walton on Thames, Surrey
United Kingdom

Anonymous
San Francisco, CA
United States

David
Miami Beach, FL
United States

Luke
Parafield Gardens, South Australia
Australia

Anonymous
San Francisco, AK
United States

Rob
Toronto, Ontario
Canada



Journal entries for Rebecca Tarayia Nkono


Business progress update
 
Entrepreneur: Rebecca Tarayia Nkono
Location: Olturoto, Kajiado District, Kenya

Rebecca bought six steers, drugs and food supplements to ensure good health and fattening. She explained that apart from feeding the livestock, there was also need for looking into their health and that’s why she bought the medicine and the supplements. She expects to get a profit of about USD.221 after selling three steers. She is assured of educating her daughter to college level and look after her family very well.

 


Posted by Herbert musinguzi from Olturoto, Kajiado District, Kenya
May 13, 2006
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Kiva Help Repayment Schedule for Rebecca Tarayia Nkono

  Expected Repayments Actual Repayments Comments
August 2006 $0.00 $75.00  
October 2006 $0.00 $285.00  
December 2006 $0.00 $38.00  
January 2007 $0.00 $38.00  
February 2007 $0.00 $75.00  
March 2007 $0.00 $89.00  
May 2007 $0.00 $75.00  
June 2007 $0.00 $150.00  
August 2007 $0.00 $75.00