Mary Wanjiru Maimba

Status: Ended with Loss - Defaulted

$300.00		Loan Request
$197.00		Paid Back

About the Entrepreneur

Name:	Mary Wanjiru Maimba
Location:	Kangema, Kenya
Activity:	Farming

About the Loan

Loan Amount:	$300.00
Loan Use:	Mary would like to buy a water tank
Repayment Term:	12 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Mar 10, 2007
Date Disbursed:	Mar 25, 2007
Date Funded:	Mar 11, 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)

Mary is Kenyan and 42 years old. She is married and has 4 children. She lives in Gitumbi village of Maragwa district. Mary is a very active member of her church, St. Philip ACK, and the coordinator of the women's activities at the church.

She has a very large farm of bananas and also keeps dairy cows. There are other mixed crops in her farm. Her main source of income is the sale of bananas, French beans and milk. She sells over 10 liters of milk a day. Her main challenge is water during the dry season, especially for the cows, and she hopes to buy a large water tank to store rainwater. This will be done when she gets the loan of USD 300. She contributes very well to the group's revolving fund.

Lenders to this entrepreneur

Rebecca
lexington, MA
United States

Kiva

Mike and Susan
Portola Valley, CA
United States

Ann
Hudson, MA
United States

Anonymous
Long Island, NY
United States

Alberto & Kristy
Austin, Texas
United States

Justina
Brightwaters, NY
United States

Journal entries for Mary Wanjiru Maimba

Loan has been disbursed Entrepreneur: Mary Wanjiru Maimba Location: Kangema, Kenya Thank you for your loan. It has been disbursed to Mary Wanjiru Maimba 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 25, 2007
Comment on this entry

WEEC loan default Entrepreneur: Mary Wanjiru Maimba 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 Mary Wanjiru Maimba

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	Expected Repayments	Actual Repayments	Comments
June 2007	$30.00	$0.00	Repayment Received
July 2007	$30.00	$0.00	Repayment Received
August 2007	$30.00	$90.00	Repayment Received
September 2007	$30.00	$30.00	Repayment Received
October 2007	$30.00	$30.00	Repayment Received
November 2007	$30.00	$30.00	Repayment Received
December 2007	$30.00	$17.00	Delinquent
January 2008	$30.00	$0.00	Delinquent
February 2008	$30.00	$0.00	Delinquent
March 2008	$30.00	$0.00	Delinquent