Sarah Mukuhi Ndungu


Status: Ended with Loss - Defaulted

$600.00   Loan Request
$360.00   Paid Back

About the Entrepreneur

Name: Sarah Mukuhi Ndungu
Location: Kiambu, Kenya
Activity: Farming

About the Loan

Loan Amount: $600.00
Loan Use: Sarah would like to buy a dairy cow
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 14, 2007
Date Disbursed: Mar 29, 2007
Date Funded:Mar 15, 2007

About the Country

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



Sarah was born 61 years ago in Kanunga Kiambu. She is married with four children. Three are out of school with families; the youngest is pursuing a bachelor's degree at Nairobi University. Her husband is a retired civil servant. She is a dedicated member of ACK church Kanunga and a mother’s union member. Sarah joined WEEC five years ago. Since then she has really benefitted from WEEC Loans. She says she is truly a changed person: has moved from nowhere to somewhere. She runs her business in a excellent way as she has been trained by WEEC on how to run a business. She has educated all her children from dairy farming and a part of her husband's salary. Currently she has four dairy cows which produce an average of 60 litres daily. Given a loan of USD 600, Sarah intends to buy another dairy cow.


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Lenders to this entrepreneur

Sarah
Springville, IN
United States

Steve
Cambridge, MA
United States

Laurent D
Brussels,
Belgium

Delphine & Jocelyn
Amsterdam, Noord-Holland
Netherlands

Joe
Santa Ana, CA
United States

Barbara
New York, NY
United States

Alma
London,
United Kingdom

The Amblers
San Diego, CA
United States

Rachel
San Francisco, CA
United States

Joy
Kufstein,
Austria



Journal entries for Sarah Mukuhi Ndungu


Loan has been disbursed
 
Entrepreneur: Sarah Mukuhi Ndungu
Location: Kiambu, Kenya

Thank you for your loan. It has been disbursed to Sarah Mukuhi Ndungu 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 Kiambu, Kenya
Mar 30, 2007
Comment on this entry

WEEC loan default
 
Entrepreneur: Sarah Mukuhi Ndungu
Location: Kiambu, 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 Kiambu, Kenya
Jun 5, 2008
Comments (82)

Kiva Help Repayment Schedule for Sarah Mukuhi Ndungu

  Expected Repayments Actual Repayments Comments
June 2007 $60.00 $0.00 Repayment Received
July 2007 $60.00 $120.00 Repayment Received
August 2007 $60.00 $60.00 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