Rose Wangui Kagia

Status: Ended with Loss - Defaulted

$1,000.00		Loan Request
$300.00		Paid Back

About the Entrepreneur

Name:	Rose Wangui Kagia
Location:	Kiambu, Kenya
Activity:	Farming

About the Loan

Loan Amount:	$1,000.00
Loan Use:	Rose Wangui Kagia intends to buy two dairy cows.
Repayment Term:	13 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Mar 31, 2007
Date Disbursed:	Apr 15, 2007
Date Funded:	Apr 1, 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)

Rose Wangui Kagia is 46 years old. She is a single mother with three children; two are in college, while the last-born is in Kanunga Secondary school. She is an active member of Kanunga Catholic Church, where she is a choir member. She is a member of Kazi Bora Women's Group. She joined Kazi Bora Women's Group and WEEC in 2002. She was among the first women in Kiambu to join WEEC. In the group, she is a member of the loan committee and assists in appraising business. Since she joined the group, she has serviced several loans. In January 2007, she finished paying a loan USD500.

Rose entered into dairy farming and horticultural farming 20 years ago. She has educated her children from the income that she gets through farming. Currently, she has two cows that produce 40 litres and sells the milk produced to Kiambu Dairy Farmers Co-operative Society Ltd at USD0.3 per litre. Given a loan of USD1000, she will buy another dairy cow and animal feed. She is willing to repay this loan within a period of 12 months.

Lenders to this entrepreneur

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Brian
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Cynthia & John
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Andrew
US Air Force Europe HQ, Ramstein Air Base
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girish
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Michelle
Kitakyushu, Fukuoka

Piet
Amsterdam,
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Stephen
New York, NY
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Anonymous
San Francisco, CA
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Linda
New York, NY
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Maria Grazia
Portoscuso, Cagliari

Michael
Duluth, GA
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John-Michael
Keene, NH
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Scott

Morten Norby
Milano, Milano
Italy

john
marshall, MI
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Willa
New York, NY
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Susan
Andover, MA
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STEPHANIE
PARIS,
France

Emily
Millerton, PA
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Matthew
Honesdale, PA
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Drew
Hampton, NH
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Jeff & Brigitte
Columbia, SC
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Lawrence Family
Robbinsville, NJ
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Dante & Sebastien
Toronto, Ontario
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David M.
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Journal entries for Rose Wangui Kagia

Loan has been disbursed Entrepreneur: Rose Wangui Kagia Location: Kiambu, Kenya Thank you for your loan. It has been disbursed to Rose Wangui Kagia 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 Apr 15, 2007
Comment on this entry

WEEC loan default Entrepreneur: Rose Wangui Kagia 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)

Repayment Schedule for Rose Wangui Kagia

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2007	$100.00	$0.00	Repayment Received
August 2007	$100.00	$200.00	Repayment Received
September 2007	$100.00	$100.00	Repayment Received
October 2007	$100.00	$0.00	Delinquent
November 2007	$100.00	$0.00	Delinquent
December 2007	$100.00	$0.00	Delinquent
January 2008	$100.00	$0.00	Delinquent
February 2008	$100.00	$0.00	Delinquent
March 2008	$100.00	$0.00	Delinquent
April 2008	$100.00	$0.00	Delinquent