Grace Akinyi


Status: Paying Back

$600.00   Loan Amount
77% repaid

About the Entrepreneur

Name: Grace Akinyi
Location: Kisumu, Kenya
Activity: Clothing

About the Loan

Loan Amount: $600.00
Loan Use: Buy stock of second-hand and new clothes for sale.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 25, 2008
Date Disbursed: Aug 9, 2008
Date Funded:Jul 26, 2008

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:67.2500 KES = 1 USD



Grace (photo shy) is a 29-year-old entrepreneur. She is married and has three children who are all in school. She sells both second-hand and new clothes, a venture she started early this year. She needs US $600 to boost her second-hand clothing sales.


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.


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Lex
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Diana
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Yvon
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Gunn
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Jessica
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Scott
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Becky
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thierry
romainville,
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Irungu
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Kerry
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José and Barbara
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Journal entries for Grace Akinyi


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

Thank you for your loan. It has been disbursed to Grace 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
Aug 10, 2008
Comment on this entry

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

Kiva Help Repayment Schedule for Grace Akinyi

  Expected Repayments Actual Repayments Comments
November 2008 $33.33 $34.00 Repayment Received
December 2008 $33.33 $34.00 Repayment Received
January 2009 $33.33 $32.00 Repayment Received
February 2009 $33.33 $33.33 Repayment Received
March 2009 $33.33 $33.33 Repayment Received
April 2009 $33.33 $33.33 Repayment Received
May 2009 $33.33 $33.33 Repayment Received
June 2009 $33.33 $33.33 Repayment Received
July 2009 $33.33 $33.33 Repayment Received
August 2009 $33.33 $33.33 Repayment Received
September 2009 $33.33 $33.32 Repayment Received
October 2009 $33.33 $33.33 Repayment Received
November 2009 $33.33 $33.33 Repayment Received
December 2009 $33.33 $33.33 Repayment Received
January 2010 $33.33 Available Jan 1  
February 2010 $33.33 Available Feb 1  
March 2010 $33.33 Available Mar 1  
April 2010 $33.39 Available Apr 1