Jane Njoki Kabera


Status: Ended with Loss - Defaulted

$650.00   Loan Request
$208.79   Paid Back

About the Entrepreneur

Name: Jane Njoki Kabera
Location: Mombasa, Kenya
Activity: Clothing Sales

About the Loan

Loan Amount: $650.00
Loan Use: To increase her stock of clothing for sale
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 13, 2008
Date Disbursed: Feb 27, 2008
Date Funded:Feb 13, 2008

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:72.4000 KES = 1 USD



Jane Njoki Kabera is a 30-year-old entrepreneur. She resides in Mombasa and runs a clothing stall within the town center. Her stock consists of mainly infant clothes and undergarments. She began the business 6 years ago and it has given her enough profit to provide for her basic needs. Her stall is aptly located at a busy market where she is assured of plenty of customers who come to purchase her items. She buys the garments directly from the manufacturers and sells them at retail to her clients. The trade is performing well given the current high demand for the clothes. They are inexpensive and durable, making them appealing to many of the residents, who are mostly low-income earners. However, living in the town is expensive and she faces difficulty maintaining steady growth in her business since she is at times forced to spend some of the capital on other non-business related personal matters. Having a small variety of clothes has caused her to lose many potential clients. Jane is requesting a loan of $650 to buy more clothing stock so she can increase her profits. She is committed to repaying the loan.

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Lenders to this entrepreneur

Glynis
Acton, MA
United States

cory
austin, TX
United States

greta
Clearwater, FL
United States

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

Anonymous

Michael
New Castle, DE
United States

Gill
Los Gatos, CA
United States

Chris
Aiea, HI
United States

Tracy
Corpus Christi, TX
United States

Kelly & Souriya
Hamden, CT
United States

Megan
Houston, TX
United States

Melanie
Seattle, WA
United States

Kerwin
Brooklyn, NY
United States

Darrell
Lafayette, IN
United States

Arbita
Minneapolis, MN
United States

Thyagu
San Jose, CA
United States

Josh & Sara
Santa Monica, CA
United States

Edie
Chinook, WA
United States

Peter & Catherine
Delta, British Columbia
Canada



Journal entries for Jane Njoki Kabera


Loan has been disbursed
 
Entrepreneur: Jane Njoki Kabera
Location: Mombasa, Kenya

Thank you for your loan. It has been disbursed to Jane Njoki Kabera by Ebony Foundation (Eb-F) in Kenya. We are excited to watch this business grow. Over the next 18 months, Ebony Foundation (Eb-F) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Mombasa, Kenya
Feb 28, 2008
Comments (4)

Default of Your Loan to an Entrepreneur with Ebony Foundation
 
Entrepreneur: Jane Njoki Kabera
Location: Mombasa, Kenya

After continuing non-payment to Kiva, all active Ebony Foundation loans have now been defaulted. Kiva will continue to pursue recovery of funds on these loans and apply funds proportionally to lenders if and as funds are received. However, Kiva staff have judged the likelihood of recovery on these loans to be sufficiently low such as to update the loan status of these loans to “defaulted”.



For further details on this default, please see Ebony Foundation’s Field Partner page


Posted by Benjamin Elberger, Kiva Staff, from San Francisco, United States
Oct 16, 2009
Comments (103)

Kiva Help Repayment Schedule for Jane Njoki Kabera

  Expected Repayments Actual Repayments Comments
May 2008 $36.11 $37.00 Repayment Received
June 2008 $36.11 $37.00 Repayment Received
July 2008 $36.11 $37.00 Repayment Received
August 2008 $36.11 $37.00 Repayment Received
September 2008 $36.11 $0.00 Repayment Received
October 2008 $36.11 $0.00 Delinquent
November 2008 $36.11 $0.00 Delinquent
December 2008 $36.11 $0.00 Delinquent
January 2009 $36.11 $0.00 Delinquent
February 2009 $36.11 $0.00 Delinquent
March 2009 $36.11 $0.00 Delinquent
April 2009 $36.11 $0.00 Delinquent
May 2009 $36.11 $0.00 Delinquent
June 2009 $36.11 $0.00 Delinquent
July 2009 $36.11 $0.00 Delinquent
August 2009 $36.11 $59.30 Delinquent
September 2009 $36.11 $0.00 Delinquent
October 2009 $36.13 $0.00 Delinquent
December 2009 $0.00 $1.49