Hannah Wanja Gitau

Status: Ended with Loss - Defaulted

$900.00		Loan Request
$630.00		Paid Back

About the Entrepreneur

Name:	Hannah Wanja Gitau
Location:	Kiambu, Kenya
Activity:	Farming

About the Loan

Loan Amount:	$900.00
Loan Use:	Hannah would like to buy a high breed dairy cow.
Repayment Term:	12 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Feb 11, 2007
Date Disbursed:	Feb 26, 2007
Date Funded:	Feb 12, 2007

About the Field Partner

Field Partner:

Women`s Economic Empowerment Consort (WEEC)

Field Partner Risk Rating:

(Learn more)

Closed

44 months

1147

$472,185

N/A - No Paying Back Loans

Default Rate:

38.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Kenya
Avg Annual Income:	$1,445.00
Currency:	United States Dollars (USD)

Hannah was born 39 years ago in Kiambu, Kenya. She is married with three children, who are all in a private primary school in Nairobi. Hannah is a religious person and a member of the Mwimuto Catholic Church choir. She joined Torch Women Group in 2002 and registered with WEEC the same year. Since then she has serviced several loans.
Hannah is very hard working. She entered into the business world after getting married. She started by selling second hand clothes at Gikomba Market in Nairobi. After several years in that business, she changed and started rearing poultry and dairy cattle. Currently, Hannah has at least 600 chickens and four dairy cows, which produce an average of 100 litres of milk daily. She sells her milk to Limuru Dairy Processors Limited at USD 0.3 per litre. She buys one day old chicks from Ken Chick Kenya Ltd., which provides her with medicine and feeds. She sells her chicken to the same company at USD 4.5. To her, WEEC loans have really boosted her businesses and her children have never been sent home from school due to a lack of payment of school fees. Given a loan of USD 900, Hannah plans to buy a dairy cow as her milk business is doing well after the revival of Kenya Cooperative Creameries by the government. She promises to meet her repayments on monthly installments.

Lenders to this entrepreneur

Tatiana
KivaFriends.org, AL
United States

Anonymous

Kira

Jackie

Brian
Fairbanks, AK
United States

Josh
Madison, NJ
United States

Josie

Tim
Redmond, WA
United States

Anonymous
watchung, NJ
United States

Leslie
Columbus, OH
United States

John
San Francisco, CA
Afghanistan

Paul
San Francisco, CA
United States

Edith
Fredericton, New Brunswick
Canada

Jean
Verona, WI
United States

Jeroen
Amerongen,
Netherlands

gudrun
Longboat Key, FL
United States

Harry
lansdale, PA
United States

Dan

Val
Tonawanda, NY
United States

Journal entries for Hannah Wanja Gitau

Loan has been disbursed Entrepreneur: Hannah Wanja Gitau Location: Kiambu, Kenya Thank you for your loan. It has been disbursed to Hannah Wanja Gitau by Women`s Economic Empowerment Consort in Kenya. We are excited to watch this business grow. Over the next 10 - 18 months, Women`s Economic Empowerment Consort will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Kiambu, Kenya Feb 27, 2007
Comment on this entry

WEEC loan default Entrepreneur: Hannah Wanja Gitau Location: Kiambu, Kenya Kiva recently notified you that your loan to the business or businesses above will not be repaid in full and is now considered defaulted. As a reminder, any amount of this loan that has been collected by Kiva is available to you as Kiva Credit. You can re-lend this Kiva Credit to another business, withdraw it or donate to Kiva on our website: www.kiva.org. Reason for default: All entrepreneur profiles on Kiva’s website are posted by local Field Partners. This particular business was posted by our Kenyan Field Partner, the Women’s Economic Empowerment Consort (WEEC). WEEC is currently experiencing significant operational difficulties that have caused all active WEEC loans to default. It is important to note that in many cases the entrepreneur repaid the loan to WEEC in full and did benefit from your loan. However, WEEC has experienced operational problems caused by a number of factors, including the unexpected death of WEEC’s founder and Executive Director, poor management of funds, and economic and political unrest in Kenya. Together, these factors produced a situation where Kiva is unable to get a 100% clear account of your specific loan and recover your full loan amount from WEEC. To learn more, please visit: www.kiva.org/about/aboutPartner?id=6 We hope you realize that this outcome is an exception to the norm when lending at Kiva and that you’ll give lending another chance. If you have any questions, please let us know and thanks again for your ongoing support. Sincerely, Shelby Clark Kiva Staff
Posted by Shelby Clark from Kiambu, Kenya Jun 5, 2008
Comments (82)

Repayment Schedule for Hannah Wanja Gitau

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	Expected Repayments	Actual Repayments	Comments
May 2007	$90.00	$0.00	Repayment Received
June 2007	$90.00	$180.00	Repayment Received
July 2007	$90.00	$90.00	Repayment Received
August 2007	$90.00	$90.00	Repayment Received
September 2007	$90.00	$90.00	Repayment Received
October 2007	$90.00	$90.00	Repayment Received
November 2007	$90.00	$90.00	Repayment Received
December 2007	$90.00	$0.00	Delinquent
January 2008	$90.00	$0.00	Delinquent
February 2008	$90.00	$0.00	Delinquent