Pamela Akinyi


Status: Paying Back

$800.00   Loan Amount
88% repaid

About the Entrepreneur

Name: Pamela Akinyi
Location: Kisumu, Kenya
Activity: Clothing Sales

About the Loan

Loan Amount: $800.00
Loan Use: Increase stock of ready-made clothes.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 26, 2008
Date Disbursed: Jun 11, 2008
Date Funded:May 28, 2008

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:62.7000 KES = 1 USD



Pamela Akinyi is a 32-year-old mother of five children. Pamela and her husband live in Kisumu, Kenya. Pamela has taken and successfully repaid three microfinance loans from KMET.


She began selling clothing door-to-door in 1999 and has since expanded her business. She currently rents the shop seen in this picture in which she sells clothes-making materials, shoes, purses, ties and other clothing items. She also employs a full-time tailor to meet her customers’ demands. Pamela is a community health worker trained in home-based care by KMET. She is, thus, well-known within her community for her health-care work. In addition, the central location of her shop and her many years of doing good business within the community has gained her a good reputation and a wide customer base.


Her business has done quite well due to the added advantage of access to loan funds; she has combined the additional money with hard work and perseverance in order to increase her stock and materials and build a successful income-generating business. Pamela is proud of her accomplishments and that she is now able to contribute to paying household expenses. She requires US $800 to increase her stock of ready-made supplies to keep up with the growing demand.


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.


Subscribe

Lenders to this entrepreneur

CJ & Sarah
Raleigh, NC
United States

Clement
Amherst, MA
United States

Hayley
Mandurah, Western Australia
Australia

Chasin Foods Group
Los Angeles, CA
United States

Kaori
, 
Japan

Nicholas
San Jose, CA
United States

FIU Micro Lenders Corp
Miami, FL
United States

Youth Group
Cambridge, MA
United States



Journal entries for Pamela Akinyi


Loan has been disbursed
 
Entrepreneur: Pamela Akinyi
Location: Kisumu, Kenya

Thank you for your loan. It has been disbursed to Pamela Akinyi 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
Jun 11, 2008
Comment on this entry

Kiva Field Update - Message from Kiva Fellow in Kenya
 
Entrepreneur: Pamela Akinyi
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)

Journal Update
 
Entrepreneur: Pamela Akinyi
Location: Kisumu, Kenya

Pamela Akinyi has been a member of the K-MET community health workers for 4 years now. Before we begin this interview she tells me to make sure kiva lenders know that she is very grateful for their support. Pamela is currently repaying her fifth loan by kiva and she says that all these loans have pushed her business a stair higher than the previous.

Pamela is a proud mother of five children; a boy and four girls. She runs clothing and transportation businesses. She says her loan went into both businesses; that is restocking of the clothes for sale and buying spare parts for and servicing of the vehicle respectively.

Her main difficulty recently was when her stock of clothes got stolen while in transit from Kampala, Uganda to Kisumu, Kenya. If it was not for her emergency kitty of savings for the business, she says she would be out of business by now. Fluctuations of prices in both businesses are also an issue, but she says business is doing well and she has been able to counter these difficulties here and there. Besides she says, once you learn to run a business and are keen enough to predict the market, thing will sort of always work for you.

Her future dreams are to open a branch of the clothing business and buy another passenger service vehicle.


Posted by John Asuke from Kisumu, Kenya
Oct 16, 2009
Comment on this entry

Kiva Help Repayment Schedule for Pamela Akinyi

  Expected Repayments Actual Repayments Comments
September 2008 $44.44 $45.00 Repayment Received
October 2008 $44.44 $45.00 Repayment Received
November 2008 $44.44 $45.00 Repayment Received
December 2008 $44.44 $45.00 Repayment Received
January 2009 $44.44 $42.22 Repayment Received
February 2009 $44.44 $44.44 Repayment Received
March 2009 $44.44 $44.44 Repayment Received
April 2009 $44.44 $44.44 Repayment Received
May 2009 $44.44 $44.44 Repayment Received
June 2009 $44.44 $44.44 Repayment Received
July 2009 $44.44 $44.44 Repayment Received
August 2009 $44.44 $44.44 Repayment Received
September 2009 $44.44 $44.42 Repayment Received
October 2009 $44.44 $44.44 Repayment Received
November 2009 $44.44 $44.44 Repayment Received
December 2009 $44.44 $44.44 Repayment Received
January 2010 $44.44 Available Jan 1  
February 2010 $44.52 Available Feb 1