Grace Waitherero Waweru

Location:	Kangema, Kenya	Repayment Term:	13 months (more info)
Activity:	General Store	Repayment Schedule:	Monthly
Loan Use:	Grace would like to buy household goods for her shop, such as cereals, detergents, beverages and plastic utensils	Currency Exchange Loss:	N/A
		Default Protection:	Not Covered

Grace is 50 years old. She is married and has 4 grown children. She is a member of Gatangara ACK Church and a member of the Mothers Union in her local church. She is a committee member of Gatangara Pluto. The committee oversees the activities of the executive office to ensure that they carry out the group work as per the constitution laid down by its members.

Grace earns her living through farming. She grows coffee, maize and beans. With the coffee prices being very low for many months, Grace shifted from relying on coffee as her main income generating point and opened a retail shop in the Gatangara shopping center. Her group has assisted her in stocking-up through the loans she gets from the revolving fund. She plans to start stocking cereals, such as rice, beans, and green grams. She has applied for a loan of USD 750 to buy the stock. The loans committee has approved the loan after appraising her business. She will repay the loan within a period of 10 months.

Lenders to this entrepreneur

Anonymous
AK
United States

Pamoja.org
Vancouver, BC
Canada

Anonymous

catherine
Chicago, IL
United States

Eric
Owings Mills, MD
United States

Ronald & Christine
Madison, WI
United States

Geir
Asker,
Norway

Vanessa
New York, NY
United States

Katie
Virginia Beach, VA
United States

Alex
Rye, NY
United States

Jeffrey
Norman, OK
United States

MOLLY
SAN FRANCISCO, CA
United States

anna
Sacramento, CA
United States

Anonymous
Eugene, OR
United States

Molly
Chicago, IL
United States

Journal entries for Grace Waitherero Waweru

Loan has been disbursed Entrepreneur: Grace Waitherero Waweru Location: Kangema, Kenya Thank you for your loan. It has been disbursed to Grace Waitherero waweru 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 Kangema, Kenya Mar 7, 2007
Comments (1)

WEEC loan default Entrepreneur: Grace Waitherero Waweru Location: Kangema, 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 Kangema, Kenya Jun 5, 2008
Comments (82)

Repayment Schedule for Grace Waitherero Waweru

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	Expected Repayments	Actual Repayments	Comments
June 2007	$75.00	$0.00	Repayment Received
July 2007	$75.00	$150.00	Repayment Received
August 2007	$75.00	$75.00	Repayment Received
September 2007	$75.00	$75.00	Repayment Received
October 2007	$75.00	$75.00	Repayment Received
November 2007	$75.00	$75.00	Repayment Received
December 2007	$75.00	$0.00	Delinquent
January 2008	$75.00	$0.00	Delinquent
February 2008	$75.00	$0.00	Delinquent
March 2008	$75.00	$0.00	Delinquent