Prisca Nyaoko


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Prisca Nyaoko
Location: Kisumu, Kenya
Activity: Food Production/Sales

About the Loan

Loan Amount: $600.00
Loan Use: Increase her stock and additional supplies
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 14, 2008
Date Disbursed: Mar 28, 2008
Date Funded:Mar 14, 2008
Loan Ended:Oct 15, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:66.7490 KES = 1 USD



Prisca is a 48-year-old entrepreneur. She is a widow and lives in Kisumu, Kenya, with her eleven children. She is well-known in her community as an expert in making one of the local favorites, mandazis (fried sweet dough). Her net current income is limited to Kshs 1000 compared to her initial net income of initial Kshs 1500. This is due to the rise in cost of raw materials and local competition. Prisca supplements her current business with her small corner shop where she sells the daily necessities, like bread, flour, cooking oil and soap. She has managed to increase her daily income by 150% and saved a bit of her profits. To increase her stock and to obtain supplies that are in high demand within her community, Prisca has applied for a loan of US $600.



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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Lenders to this entrepreneur

William
Newington, CT
United States

anita
pittsburgh, PA
United States

MHS FBLA
Troy, NY
United States

Anonymous
Cary, NC
United States

Laurence
Antibes,
France

Jennifer
Eden Prairie, MN
United States

Jenny
Seattle, WA
United States

Anonymous
Denver, CO
United States

Diane
Houston, TX
United States

Isabel
Grand Prairie, TX
United States

Anonymous
Lindome,
Sweden

Midori
Oakland, CA
United States

John
Brownsburg, IN
United States

Lindsey
San Francisco, CA
United States

Lauren
Madisonville, LA
United States

Anonymous
London, London
United Kingdom

Robin
Esbo, FI
Finland



Journal entries for Prisca Nyaoko


Loan has been disbursed
 
Entrepreneur: Prisca Nyaoko
Location: Kisumu, Kenya

Thank you for your loan. It has been disbursed to Prisca Nyaoko by Kisumu Medical & Education Trust (K-MET) in Kenya. We are excited to watch this business grow. Over the next 18 months, Kisumu Medical & Education Trust (K-MET) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kisumu, Kenya
Mar 29, 2008
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Kenya
 
Entrepreneur: Prisca Nyaoko
Location: Kisumu, Kenya

Greetings from Kenya!

I’m Alison Carlman, a Kiva Fellow working with K-MET in Kisumu. You’re receiving this e-mail because you contributed to a loan for one of K-MET’s borrowers on Kiva. Thank you for supporting these inspiring business people. I wanted to give you an update about what many of them are doing!

Most of K-MET’s borrowers are volunteers promoting health and education in their communities. This means that not only are they micro-entrepreneurs (selling vegetables, doing tailoring, or running some other business in town), but they also regularly take time out of their working day to visit orphans, children, widows, and other sick or vulnerable people in their community. They work with K-MET supervisors to refer malnourished children and ill patients to the outpatient clinic or to the hospital. They also make sure that caregivers have the right information about how to care for their families and neighbors.

The community health care workers (mostly women) form a corps of empowered volunteers who are changing their communities from the ground up; many of them live on less than $1 a day. Earlier this week, a woman told me that she’d like Kiva lenders to know that “we visit the sick. We take care of the sick. At times, the sick will not have anything, and we are forced to give money from our own pockets so that they can eat.” This is truly a group of people who are sharing their small amount of resources with each other to serve more than 4,000 at-risk people in Kisumu.

I’d like you to see this short video demonstrating the work that community health workers do and the conditions in which they work and live. The first shot is of Alice, a Kiva borrower and tailor in the Nyalenda slum of Kisumu. She is pictured at her sewing and embroidery stall. I followed her as she and her K-MET supervisor, Beatrice, visited some of Alice’s patients in the community. I hope that by seeing and hearing the story of Alice you are as inspired as I am by the work that K-MET’s Kiva borrowers are doing!

Thanks again for your support of K-MET and Kiva entrepreneurs. Please consider joining the K-MET Fans Lending Team to continue following this field partner.

Kiva Love,

Alison Carlman

KF8, K-MET Kisumu, Kenya


Posted by Zack Turner, Kiva Staff, from San Francisco, United States
Sep 10, 2009
Comments (5)

Kiva Help Repayment Schedule for Prisca Nyaoko

  Expected Repayments Actual Repayments Comments
June 2008 $33.33 $34.00 Repayment Received
July 2008 $33.33 $34.00 Repayment Received
August 2008 $33.33 $34.00 Repayment Received
September 2008 $33.33 $34.00 Repayment Received
October 2008 $33.33 $34.00 Repayment Received
November 2008 $33.33 $34.00 Repayment Received
December 2008 $33.33 $30.00 Repayment Received
January 2009 $33.33 $32.67 Repayment Received
February 2009 $33.33 $33.33 Repayment Received
March 2009 $33.33 $33.33 Repayment Received
April 2009 $33.33 $33.33 Repayment Received
May 2009 $33.33 $33.33 Repayment Received
June 2009 $33.33 $33.33 Repayment Received
July 2009 $33.33 $33.33 Repayment Received
August 2009 $33.33 $33.33 Repayment Received
September 2009 $33.33 $33.30 Repayment Received
October 2009 $33.33 $33.33 Repayment Received
November 2009 $33.39 $33.39 Repayment Received