Eunice Wambui

Status: Paying Back - Delinquent

$725.00		Loan Amount

75% repaid

About the Entrepreneur

Name:	Eunice Wambui
Location:	Kariobangi South, Nairobi, Kenya
Activity:	Tailoring

About the Loan

Loan Amount:	$725.00
Loan Use:	Purchase of an assortment of tailoring cloth materials
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Feb 8, 2008
Date Disbursed:	Feb 22, 2008
Date Funded:	Feb 8, 2008

About the Field Partner

Field Partner:

Action Now: Kenya (ANK)

Field Partner Risk Rating:

(Learn more)

Paused

33 months

214

$127,300

55.14%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Kenya
Avg Annual Income:	$1,445.00
Currency:	Kenya Shillings (KES)
Exchange Rate:	70.7000 KES = 1 USD

Eunice Wambui is 39 years old, married, and has four children. She lives in Kariobangi North, Nairobi.

Eunice received a 6-month training as a tailor in her friend's business premises. After the training, she was hired as a tailor, working with clients who would bring her their own materials that she would then use to make clothes for them. But, because her salary was very low, Eunice decided to quit the job, and, with US$ 45 worth of savings, she bought a sewing machine and started her own business.

So far, the business has been going very well, and Eunice has also had an increase in the number of customers. However, due to lack of funds to purchase additional equipment for tailoring, she has been unable to meet the growing demand. Eunice therefore decided to borrow from Action Now Kenya to which she was directed by Kiva. Eunice hopes that now she will be able to get the assistance that she needs, and is asking for a loan of Ksh 50,000 which she intends to repay in 12 months. With this loan, Eunice will be able to expand her business by increasing the stock of sewing cloth materials. The expanded stock will also allow her to provide a wider variety of final tailoring products to her clients.

Lenders to this entrepreneur

samantha

Terry
KivaFriends.org , St. Louis, MO
United States

John & Sally
Durham, NH
United States

Kevin
Georgetown, MA
United States

Social Entrepreneurship class
Berea, KY
United States

steve
edmonton, Alberta
Canada

Microstockgroup.com
Oslo, SK
Norway

Christopher
London,
United Kingdom

JAMES
fort scott, KS
United States

Kelly

Doug
Tarzana, CA
United States

Agnes & Rufo
Paris,
France

Shamsuddin Delhiwala
Latham, NY
United States

Brian
Midhurst, Ontario
Canada

mary
Hampden, ME
United States

Natascha
Brugge,
Belgium

Tamerra
Flossmoor, IL
United States

Eva

Judy
Alresford, Hampshire
United Kingdom

Shane and Amanda
bremerton, WA
United States

Amar
Galloway, NJ
United States

Keith and Pame'la
Portland, OR
United States

Jennifer
Los Angeles, CA
United States

Journal entries for Eunice Wambui

Loan has been disbursed Entrepreneur: Eunice Wambui Location: Kariobangi South, Nairobi, Kenya Thank you for your loan. It has been disbursed to Eunice Wambui by Action Now: Kenya in Kenya. We are excited to watch this business grow. Over the next 12 months, Action Now: Kenya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Kariobangi South, Nairobi, Kenya Feb 23, 2008
Comment on this entry

Progress Entrepreneur: Eunice Wambui Location: Kariobangi South, Nairobi, Kenya Eunice is so happy that the Kiva lenders gave her an opportunity to expand her business. Her business is going on well despite the high prices of materials but she believes that this is just for a short timeShe is going on well with her repayments and she is a client who is always commited in her work. she is Very grateful with her lenders.
Posted by Caroline Karoki from Kariobangi South, Nairobi, Kenya May 26, 2008
Comments (1)

Still hopeful! Entrepreneur: Eunice Wambui Location: Kariobangi South, Nairobi, Kenya Eunice is very happy that the Kiva lenders gave her an opportunity to expand her business. However her life had a twist when her child fell sick and so she had to use most of her income on treatment. Her business was also affected by the high prices of commodities. She believes that this is just for a short time. Eunice lags behind in her loan repayments having paid only three times. She is very grateful to her lenders and believes that everything will be okay. On behalf of ANK staff.
Posted by Wilberforce Mulindi from Kariobangi South, Nairobi, Kenya Jan 26, 2009
Comment on this entry

Update on Your Loan to an Action Now: Kenya Borrower Entrepreneur: Eunice Wambui Location: Kariobangi South, Nairobi, Kenya Dear Lender, This is an update on your loan to a borrower working with Action Now: Kenya in Kenya. Thank you for supporting low-income entrepreneurs by lending through Kiva. You may have noticed that repayments on this loan have not been coming in for quite some time. After detailed investigation by Kiva representatives in Kenya, our team has determined that further repayments on your loan will be considerably delayed. However, Kiva staff are working closely with our Field Partner, Action Now: Kenya, who manages this loan on the ground to arrange the gradual repayment of your loan. To learn more, please visit: http://www.kiva.org/about/aboutPartner?id=36 Although your loan is delinquent, we hope you realize that over 95% of loans on Kiva have been repaid in full and that you'll give lending to developing world entrepreneurs another chance in the future. Thank you, Ben Elberger Kiva Staff Microfinance Partnerships Manager
Posted by Benjamin Elberger, Kiva Staff, from San Francisco, United States Apr 2, 2009
Comments (21)

Repayment Schedule for Eunice Wambui

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	Expected Repayments	Actual Repayments	Comments
May 2008	$60.42	$61.00	Repayment Received
June 2008	$60.42	$61.00	Repayment Received
July 2008	$60.42	$61.00	Repayment Received
August 2008	$60.42	$61.00	Repayment Received
September 2008	$60.42	$61.00	Repayment Received
October 2008	$60.42	$61.00	Repayment Received
November 2008	$60.42	$61.00	Repayment Received
December 2008	$60.42	$57.00	Repayment Received
January 2009	$60.42	$59.75	Repayment Received
February 2009	$60.42	$0.00	Delinquent
March 2009	$60.42	$0.00	Delinquent
April 2009	$60.38	$0.00	Delinquent
December 2009	$0.00	$1.42