Margaret Ogamo Adhiambo
Status: Ended with Loss - Defaulted
| $600.00 | Loan Request | |
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| $162.31 | Paid Back |
About the Entrepreneur
| Name: | Margaret Ogamo Adhiambo |
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| Location: | Mombasa, Kenya |
| Activity: | Used Clothing |
About the Loan
| Loan Amount: | $600.00 |
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| Loan Use: | To buy extra bales of shirts. |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 23, 2008 |
| Date Disbursed: | Mar 8, 2008 |
| Date Funded: | Feb 23, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Ebony Foundation (Eb-F) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 36 months |
| Kiva Entrepreneurs: | 838 |
| Total Loans: | $697,975 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 51.96% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Kenya |
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| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 69.6975 KES = 1 USD |
Margaret's main challenge is to increase her clothes sales since she already has a big client base. She would like to stock more but she lacks funds. She is requesting a US$600 loan which she will use to buy extra bales of shirts. This should bring in more sales, more profit and ease the school fees financial strain on Margaret. She is focused and will repay the loan.
Disclaimer: Due to recent events in Kenya, the security situation in many communities remains unsettled, affecting many local businesses. Lenders to this entrepreneur should be aware that this loan may represent a higher default risk, and should be willing to accept this additional risk in making their loan.
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Journal entries for Margaret Ogamo Adhiambo
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Loan has been disbursed
Location: Mombasa, Kenya
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Posted by
from Mombasa, Kenya
Mar 8, 2008 |
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Comment on this entry
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Default of Your Loan to an Entrepreneur with Ebony Foundation
Location: Mombasa, Kenya
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Posted by
Benjamin Elberger, Kiva Staff, from San Francisco, United States
Oct 16, 2009 |
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Comments (104)
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Repayment Schedule for Margaret Ogamo Adhiambo
Repayment Schedule for Margaret Ogamo Adhiambo
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2008 | $33.33 | $34.00 |  Repayment Received
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| July 2008 | $33.33 | $34.00 | Repayment Received
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| August 2008 | $33.33 | $34.00 | Repayment Received
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| September 2008 | $33.33 | $0.00 | Repayment Received
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| October 2008 | $33.33 | $0.00 |  Delinquent
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| November 2008 | $33.33 | $0.00 | Delinquent
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| December 2008 | $33.33 | $0.00 | Delinquent
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| January 2009 | $33.33 | $0.00 | Delinquent
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| February 2009 | $33.33 | $0.00 | Delinquent
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| March 2009 | $33.33 | $0.00 | Delinquent
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| April 2009 | $33.33 | $0.00 | Delinquent
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| May 2009 | $33.33 | $0.00 | Delinquent
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| June 2009 | $33.33 | $0.00 | Delinquent
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| July 2009 | $33.33 | $0.00 | Delinquent
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| August 2009 | $33.33 | $58.83 | Delinquent
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| September 2009 | $33.33 | $0.00 | Delinquent
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| October 2009 | $33.33 | $0.00 | Delinquent
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| November 2009 | $33.39 | $0.00 | Delinquent
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| December 2009 | $0.00 | $1.48 | |||
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