Ann Wanjiru Irungu

Status: Paying Back - Delinquent

$950.00		Loan Amount

17% repaid

About the Entrepreneur

Name:	Ann Wanjiru Irungu
Location:	Kariobangi South, Nairobi, Kenya
Activity:	Home Products Sales

About the Loan

Loan Amount:	$950.00
Loan Use:	To purchase second-hand furniture and household goods, etc. for re-sale
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Sep 8, 2008
Date Disbursed:	Sep 22, 2008
Date Funded:	Sep 8, 2008

About the Field Partner

Field Partner:

Action Now: Kenya (ANK)

Field Partner Risk Rating:

(Learn more)

Paused

33 months

214

$127,300

55.14%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Kenya
Avg Annual Income:	$1,445.00
Currency:	Kenya Shillings (KES)
Exchange Rate:	70.0000 KES = 1 USD

Ann Wanjiru is a 35-year-old woman who is living positively with HIV. She is married and has a family of four children aged 17, 13, 7, and 6. In addition to her family, she also takes care of her two brothers who are sick and ensures that they get medication. She also takes care of her elderly mother who is diabetic.

Ann operates a second-hand store dealing with second-hand furniture, household goods, and electronics. She lives on the eastern side of Nairobi in an area known as Kariobangi South. She started her business in the year 2000 when she started selling her household goods to add on to her home and facilitate her children's education. This motivated her as she drew many more customers than she had expected. However, she still could not maintain enough stock.

From the sale of household goods she set aside Ksh 20000 to start up the business and the rest she channeled into paying school fees and taking care of her family. Her business picked up very nicely and people started bringing appliances they wanted to dispose of to Ann, which boosted her business considerably as customers kept streaming to the shop to purchase items. One of the things that has kept this business growing is that it is the only one that operates near the Dandora slums in Nairobi where the residents aren't able to purchase expensive new household goods but do manage to purchase second-hand ones that are still in good condition and are also cheap.

Ann wants to expand her business and wants to purchase more of the appliances people are willing to sell, but she doesn't have enough cash. In future, as her current business continues to grow, she intends to purchase washing machines and train women in the slums on how to use them with the goal of offering washing services to the residents. She intends to employ these women, thus reducing idleness and over-dependence within the slum.

Ann's only barrier to all of this is that she doesn't have enough operational capital. Therefore, she is requesting Kiva lenders through Action Now Kenya to grant her a loan of Ksh 65,000 to enable her to meet her needs. She thanks her lenders in advance as they help her achieve her dreams. The repayment period for this loan is 12 months.

Lenders to this entrepreneur

Natasha
Etobicoke, Ontario
Canada

Curt
Hudson, WI
United States

Lauren
Pacifica, CA
United States

Jeanie
Alhambra, Alberta
Canada

Jan
Lewisville, NC
United States

Anonymous
NANAIMO, British Columbia
Canada

In memory Courtney (LS)
Toronto, Ontario
Canada

Cloudia
Adelaide, SA
Australia

The Snarky
Littleton, CO
United States

Anonymous
new york, NY
United States

annikki
Kellokoski,
Finland

Angels
Hilliard, OH
United States

Kevin
Powder Springs, GA
United States

Kiva
Safford, AZ
United States

Rev. Julie

Anonymous
Collingswood, NJ
United States

Ania
reston, VA
United States

Tami
New York, NY
United States

Laurence
Antibes,
France

Mary Anne & Wilfried

United States

Margie
KivaFriends.org, Fallon, NV
United States

audrey
kansas city, MO
United States

Peg
San Francisco, CA
United States

Anonymous

Jill
Splashdown, WA
United States

Michelle

Shannon

Peggie
Vancouver, British Columbia
Canada

Terry
KivaFriends.org , St. Louis, MO
United States

Top Lending Teams for this entrepreneur

Team Obama
Common Interest
3019 Members

KivaFriends - Disabled Persons
Common Interest
52 Members

Poverty2Prosperity.org - Poverty-Escape
Businesses
1662 Members

Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7006 Members

Stanford University
Colleges/Universities
190 Members

Journal entries for Ann Wanjiru Irungu

Loan has been disbursed Entrepreneur: Ann Wanjiru Irungu Location: Kariobangi South, Nairobi, Kenya Thank you for your loan. It has been disbursed to Ann Wanjiru Irungu by Action Now: Kenya (ANK) in Kenya. We are excited to watch this business grow. Over the next 12 months, Action Now: Kenya (ANK) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Kariobangi South, Nairobi, Kenya Oct 22, 2008
Comment on this entry

Already seeing the effects of a Kiva loan... Entrepreneur: Ann Wanjiru Irungu Location: Kariobangi South, Nairobi, Kenya When Anne Wanjiru Irungu came to the office on the 9th of December to pay her monthly installment for the loan, she was in a very jovial mood. She was quick to say how business has drastically improved after the KIVA loan and so has her life and that of her children. She can now afford to comfortably cater to their expenses and those of her other dependants specifically her elderly mother and two sickly brothers. She can also afford her own medication and a good balanced diet which is paramount in her condition. She is very grateful to the KIVA lenders for bringing this positive change in her life, her family members and her community as a whole.
Posted by David Stewart from Kariobangi South, Nairobi, Kenya Dec 11, 2008
Comment on this entry

Against all Odds Entrepreneur: Ann Wanjiru Irungu Location: Kariobangi South, Nairobi, Kenya Ann came to ANK almost giving up on life. She had lost all Hope of ever being someone independent. Ann added stock to her furniture shop and these increased her sales using some of her KIVA loan Ann expanded her shop and made it more attractive to her business looking back she is all smiles and grateful to ANK and KIVA lenders that she can now feed her family and afford proper medication for herself. On behalf of ANK staff
Posted by Wilberforce Mulindi from Kariobangi South, Nairobi, Kenya Jan 23, 2009
Comment on this entry

Annah Wanjiru's Questionaire! Entrepreneur: Ann Wanjiru Irungu Location: Kariobangi South, Nairobi, Kenya Annah Wanjiru's Questionaire (1) when she came to the office.
Posted by Wilberforce Mulindi from Kariobangi South, Nairobi, Kenya Jan 30, 2009
Comment on this entry

Ann Wanjiru's Questionaire! Entrepreneur: Ann Wanjiru Irungu Location: Kariobangi South, Nairobi, Kenya Ann Wanjiru's Questionaire (2) when she visited the office.
Posted by Wilberforce Mulindi from Kariobangi South, Nairobi, Kenya Jan 30, 2009
Comment on this entry

Ann's Photo Entrepreneur: Ann Wanjiru Irungu Location: Kariobangi South, Nairobi, Kenya Ann's Photo WITH ANK staff when she visited the office to make her repayments
Posted by Esther Kantai from Kariobangi South, Nairobi, Kenya Jan 31, 2009
Comment on this entry

Update on Your Loan to an Action Now: Kenya Borrower Entrepreneur: Ann Wanjiru Irungu Location: Kariobangi South, Nairobi, Kenya Dear Lender, This is an update on your loan to a borrower working with Action Now: Kenya in Kenya. Thank you for supporting low-income entrepreneurs by lending through Kiva. You may have noticed that repayments on this loan have not been coming in for quite some time. After detailed investigation by Kiva representatives in Kenya, our team has determined that further repayments on your loan will be considerably delayed. However, Kiva staff are working closely with our Field Partner, Action Now: Kenya, who manages this loan on the ground to arrange the gradual repayment of your loan. To learn more, please visit: http://www.kiva.org/about/aboutPartner?id=36 Although your loan is delinquent, we hope you realize that over 95% of loans on Kiva have been repaid in full and that you'll give lending to developing world entrepreneurs another chance in the future. Thank you, Ben Elberger Kiva Staff Microfinance Partnerships Manager
Posted by Benjamin Elberger, Kiva Staff, from San Francisco, United States Apr 2, 2009
Comments (21)

Repayment Schedule for Ann Wanjiru Irungu

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2008	$79.17	$80.00	Repayment Received
January 2009	$79.17	$78.33	Repayment Received
February 2009	$79.17	$0.00	Delinquent
March 2009	$79.17	$0.00	Delinquent
April 2009	$79.17	$0.00	Delinquent
May 2009	$79.17	$0.00	Delinquent
June 2009	$79.17	$0.00	Delinquent
July 2009	$79.17	$0.00	Delinquent
August 2009	$79.17	$0.00	Delinquent
September 2009	$79.17	$0.00	Delinquent
October 2009	$79.17	$0.00	Delinquent
November 2009	$79.13	$0.00	Delinquent
December 2009	$0.00	$6.20