Mapato Self-help Group


Status: Paid Back

$2,300.00   Loan Request
$2,300.00   Paid Back

About the Group

Group Name: Mapato Self-help Group
Group Members: Harun Kwaleve
Jared Obare
Vincent Silvanus
Newton Walubengo
James Simiyu Wekesa
Castrol Davidah
John Tivito
Joseph Bukhebi
Everlyne Anyango
Hellen Nangila
Lidia Nafuna
Beatrice Nambu
Alex Okello
Mark Wanjala
Location: Bungoma, Kenya
Activity: Food Production/Sales

About the Loan

Loan Amount: $2,300.00
Loan Use: To purchase maize in bulk, for his posho mill (maize grinder)
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 6, 2008
Date Disbursed: May 21, 2008
Date Funded:May 7, 2008
Loan Ended:Apr 17, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:62.1500 KES = 1 USD



Alex Okello is a young Kenyan father, aged 30 with 6 children. He also lives with 2 orphan children of his late sister who perished 2 years ago.



Alex started his business 3 years ago after accumulating savings from his former work place. He currently operates a small posho mill (maize grinder) in the neighborhood. He also stocks maize, which he sells to his customers who want to buy and grind it.



With the little profit that he gets from the business, Alex still struggles to feed, clothe, and educate his children and to pay his rent. With the help of his loan, Alex will be able to expand his business by purchasing maize in bulk and to increase his monthly sales.


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.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Lenders to this group

Gia
Stockholm,
Sweden

Howard & Jillian
Vence,
France

John
OAKHAM, Rutland
United Kingdom

Frank
Albuquerque, NM
United States

Nuria
Dallas, TX
United States

Phil
Waterford, CT
United States

Mr. L
jacksonville, OR
United States

Joe
Waco, TX
United States

Edie
Nashville, TN
United States

J-P
Larchmont, NY
United States

Norma
Miramar, FL
United States

Jimmy
New York, NY
United States

Annie & Matt
Vancouver, British Columbia
Canada

Björn
Täby,
Sweden

Kathie
williamsburg, VA
United States

Wade
Winnipeg, Manitoba
Canada

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Paul
Augusta, GA
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Kerry
Phoenix, AZ
United States

Phoebe
Dunmanway, Co. Cork
Ireland

vanessa
guerneville, CA
United States

Frank

Germany

nadine
Santa Barbara, CA
United States

Matt
Socorro, NM
United States

John
Queen Creek, AZ
United States

Liam
Lincoln, Lincolnshire
United Kingdom

Wilson Family
West Palm Beach, FL
United States

Mary
Kodiak, AK
United States

Justin
Longview, TX
United States

Cloudia
Adelaide, SA
Australia

Anonymous
Los Angeles, CA
United States

Neil
Wheaton, IL
United States

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

Mark
San Mateo, California
United States

Ian
Seattle, WA
United States

Jed
Austin, TX
United States

Anonymous

The Dunn Family

United States

Jesse
Chicago, IL
United States

muriel
palo alto, CA
United States

Mauritz
Sandviken,
Sweden

Patrick
chalfont, PA
United States

Oli - kivafriends.org
Trier,
Germany

Laurence
Antibes,
France

Leena
Vantaa,
Finland

Dave
Milford, CT
United States

Ulrike & Family
Omaha, NE
United States

James
Gloucester, Ontario
Canada

Shauna
Wilton, NH
United States

Nancy
Luxembourg,
Luxembourg

Nancy
St. Clairsville, OH
United States

Ken and Lynda
Elora, Ontario
Canada

hiromitsu
machidasi, Tokyo
Japan

Anonymous
Sarasota, FL
United States

Anonymous
Cherry Hill, NJ
United States

Christian
Koeln,
Germany

Alexis
Philadelphia, PA
United States

Amanda
Pembroke Pines, FL
United States

Chandra
Greenwich, CT
United States

Wil
Pittsburgh, PA
United States

Michelle
Castle Rock, CO
United States

Jens
Dover, MA
United States

Richard & Patricia
Port Angeles, WA
United States

Shelby & Marc
Calgary, Alberta
Canada

katherine
Greenwich, CT
United States

Michael
Findon, South Australia
Australia

Louise
Oakland, CA
United States

Ulion
Miami, FL
United States

Anonymous
cottonwood, AZ
United States

Rajesh
Temple, TX
United States

Tom
Atlanta, GA
United States

Anonymous
Washington, DC
United States

Greta Galeazzi
GALEAZZI GRETA, EUROPEAN CITIZEN
Italy



Journal entries for Mapato Self-help Group


Loan has been disbursed
 
Entrepreneur: Mapato Self-help Group
Location: Bungoma, Kenya

Thank you for your loan. It has been disbursed to the Mapato Self-Help Group group, consisting of Alex Okello, Beatrice Nambu, Lidia Nafuna, Hellen Nangila, Everlyne Anyango, Joseph Bukhebi, John Tivito, Castrol Davidah, James Simiyu Wekesa, Newton Walubengo, Vincent Silvanus, Jared Obare, Harun Kwaleve, Mark Wanjala by Opportunity International- Wedco Ltd. in Kenya. We are excited to watch this business grow. Over the next 4 months, Opportunity International- Wedco Ltd. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bungoma, Kenya
May 21, 2008
Comments (2)

Fellow Update for Mapato Group
 
Entrepreneur: Mapato Self-help Group
Location: Bungoma, Kenya

Update by Zack Turner, Kiva Fellow with OI-Wedco in Kenya:

I met with Rajeb after his weekly group meeting. He took me to his carpentry workshop along the crowded main road in Bungoma town. His intial update was that his name is now legally changed from Alex Okello to Rajeb Oduro. Although he took the name years ago when he converted to Islam years ago, the legal and bureaucratic process in Kenya prevented him from being able to use it in official business contracts like with his group loan at OI-Wedco. He is pleased to have his name sorted out after patiently.

Business has been getting better since peace was established from the grand coalition government after the post-election crisis. At his carpentry workshop he showed me some of his products, which include sofa sets, baby cots (cradles), and cabinets among other things. Recently, he has received an order of desks for a local school. With his loan he expanded his business stock by purchasing more wood, cloth material for sofas, and the padding for chairs. Through this additional stock his business was able to sustain itself through and after the crisis.

According to Rajeb, after the presidential election in late December “business halted” for a couple months. People were afraid to come to town and most only spent money on necessities during the crisis. Thankfully, business has been picking up slowly through the summer, which enabled him and his group to clear their loan recently, despite the rise in prices for goods and transportation.

When the conversation shifted to his group, Rajeb shared with me that the name Mapato, loosely translates to income. For all members of Mapato their small businesses and loans are their livelihood. Several in his group were directly affected by the post election crisis. One member’s business was burnt down by a mob, so he moved away with his family to his hometown and has not returned. The group together paid off his portion of the loan. Rajeb believes that he hasn’t come back because he is still afraid and doesn’t have anything to return to.

**

Special Notes:

This loan was posted mid-cycle on Kiva for extraordinary reasons. After peace and stability was restored, Opportunity International-Wedco chose to reschedule the loans of groups impacted by the post-election crisis. Kiva offered to help by posting the groups that were rescheduled, thus this extended update.

Rajeb did not have food production/sales business as per his business description. He has owned this wedding hall for more than ten years. Often entrepreneurs in the developing world diversify with multiple small enterprises, thus is the fluid nature of micro-business in Kenya and leads to occasional misinformation posted to Kiva. We apologize for the error.

For a summary of the post-election crisis start here:

http://en.wikipedia.org/wiki/2007%E2%80%932008_Kenyan_crisis


Posted by Zack Turner, Kiva Staff, from San Francisco, United States
Sep 2, 2008
Comment on this entry

Kiva Help Repayment Schedule for Mapato Self-help Group

  Expected Repayments Actual Repayments Comments
August 2008 $575.00 $0.00 Repayment Received
September 2008 $575.00 $1,633.00 Repayment Received
October 2008 $575.00 $0.00 Repayment Received
November 2008 $575.00 $0.00 Repayment Received
April 2009 $0.00 $667.00