Sirote Supeyo


Status: Ended with Loss - Defaulted

$600.00   Loan Request
$360.00   Paid Back

About the Entrepreneur

Name: Sirote Supeyo
Location: Isinya, Kenya
Activity: Cattle

About the Loan

Loan Amount: $600.00
Loan Use: Sirote would like to buy more steers
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 5, 2007
Date Disbursed: Mar 19, 2007
Date Funded:Mar 5, 2007

About the Country

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



Sirote is married with six children. Two of her children are married with two kids each, two of her children are in high school while the other two are in primary school. She is an active member of Osiligi Women Group. She and her family are devoted members of P.C.A at Oloyiankalani Kajiado District. Though she never went to school Sirote is determined to make sure that all her children get quality education.



Together with her husband they started a business raising steers some time back at Oloyiankalani trading centre. They commenced business with three steers which later expanded to ten steers after 3 years. Her main customers are Kajiado town residents. From her business she has been able to educate her children as well as meeting her other daily needs. At the moment she has fourteen steers and she needs a loan of Usd 600 to buy five more.










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Journal entries for Sirote Supeyo


Loan has been disbursed
 
Entrepreneur: Sirote Supeyo
Location: Isinya, Kenya

Thank you for your loan. It has been disbursed to Sirote Supeyo 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 Isinya, Kenya
Mar 20, 2007
Comment on this entry

WEEC loan default
 
Entrepreneur: Sirote Supeyo
Location: Isinya, 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 Isinya, Kenya
Jun 5, 2008
Comments (82)

Kiva Help Repayment Schedule for Sirote Supeyo

  Expected Repayments Actual Repayments Comments
June 2007 $60.00 $0.00 Repayment Received
July 2007 $60.00 $0.00 Repayment Received
August 2007 $60.00 $180.00 Repayment Received
September 2007 $60.00 $60.00 Repayment Received
October 2007 $60.00 $60.00 Repayment Received
November 2007 $60.00 $60.00 Repayment Received
December 2007 $60.00 $0.00 Delinquent
January 2008 $60.00 $0.00 Delinquent
February 2008 $60.00 $0.00 Delinquent
March 2008 $60.00 $0.00 Delinquent