Jane Wanjira

Status: Paying Back - Delinquent

$700.00		Loan Amount

0% repaid

About the Entrepreneur

Name:	Jane Wanjira
Location:	Ruai, Nairobi, Kenya
Activity:	Beauty Salon

About the Loan

Loan Amount:	$700.00
Loan Use:	For purchase of equipment and expansion of stock
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 1, 2008
Date Disbursed:	Nov 15, 2008
Date Funded:	Nov 1, 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:	74.0000 KES = 1 USD

Jane Wanjira is 32 years old, married, and has three children. Her husband is a driver with a local bus company and barely makes enough money to support the family. Wanjira's first business was selling cows, which she closed down in 2001. Using the funds she got from selling the cows, she financed her college education course in hair dressing. She borrowed some money from her husband, which she used to acquire a dryer, a steamer, and a blow dryer. With these resources she started up Jawabu Salon.

So far, Jane has managed to employ one hair dresser, whose services together with her own have helped to retain and attract more customers. Due to this increase in customers, she realizes the need to expand her business to meet the demand in her home area in Githunguri in Ruai. The business prospects are good, especially during the December holidays when her business booms. Jane is especially looking forward to this December's increase in business.

Over the years she has lost a lot of customers to her competitors because she has limited business equipment. With regards to this problem, she is requesting a loan from Kiva lenders for Ksh 50,000 ($700.00), which she will repay within a period of 12 months. With this loan, she will purchase an additional dryer, steamer, blow dryer, and increase her stock of cosmetics. This will enable her to reap more profits from this additional investment.The benefits will not only be enjoyed by her family, but they will trickle down to the families of additional hair dressers she will employ.

Lenders to this entrepreneur

Mark Agwonah Memorial
Kivafriends worldwide!,

Kay
Columbia, MD KivaFriends.org
United States

Breianne
Long Beach, CA
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Deb
New York, NY
United States

neddotcom
worldwide, OR
United States

Simo
Kerava,
Finland

john
Jamaica, NY
United States

Liz and Anthony
Walton on Thames, Surrey
United Kingdom

Papa Dave & Connie
Niagara-on-the-Lake, Ontario
Canada

Anonymous
Salisbury, NC
United States

Jason
Paynes Creek, CA
United States

Raymond
Simi Valley, CA
United States

John
winfield, IL
United States

Paul
Roanoke, VA
United States

Lynette
Philadelphia, PA
United States

Socratis
Broadview, South Australia
Australia

alecia
riverside, CA
United States

Victoria
Oshkosh, WI
United States

Dawd Siraj
Winterville, NC
United States

Ted
Parksville, British Columbia
Canada

Anonymous
Parksville, British Columbia
Canada

Leslie
Los Angeles, CA
United States

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Journal entries for Jane Wanjira

Loan has been disbursed Entrepreneur: Jane Wanjira Location: Ruai, Nairobi, Kenya Thank you for your loan. It has been disbursed to Jane Wanjira 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 Ruai, Nairobi, Kenya Nov 16, 2008
Comment on this entry

Update on Your Loan to an Action Now: Kenya Borrower Entrepreneur: Jane Wanjira Location: Ruai, 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 Jane Wanjira

Show Advanced

	Expected Repayments	Actual Repayments	Comments
February 2009	$58.33	$0.00	Delinquent
March 2009	$58.33	$0.00	Delinquent
April 2009	$58.33	$0.00	Delinquent
May 2009	$58.33	$0.00	Delinquent
June 2009	$58.33	$0.00	Delinquent
July 2009	$58.33	$0.00	Delinquent
August 2009	$58.33	$0.00	Delinquent
September 2009	$58.33	$0.00	Delinquent
October 2009	$58.33	$0.00	Delinquent
November 2009	$58.33	$0.00	Delinquent
December 2009	$58.33	$5.48
January 2010	$58.37	Available Jan 1