Mineh Muthoni Gitahi


Status: Ended with Loss - Defaulted

$1,200.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Mineh Muthoni Gitahi
Location: Kiambu, Kenya
Activity: Milk Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: Mineh Muthoni Gitahi intends to buy a dairy cow and buy household goods for her retail shop
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 1, 2007
Date Disbursed: Apr 16, 2007
Date Funded:Apr 2, 2007

About the Country

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



Mineh Muthoni Gitahi is 31 years old. She is married with four children, all of whom are in primary school. She is a religious person and a member of Kaspat Catholic Church choir. She is also a member of Baraka Women's Group. She joined WEEC and Baraka women group in 2003.


She did not go to college after completing her secondary school education. She started her business of retailing a variety of animal feeds. She is targeting farmers who have opted for dairy farming after the revival of Kenya Co-operative Creameries by the government. She also keeps dairy cows and sells the milk produced to Kiambu Dairy Farmers Co-operative Society Ltd at USD0.3 per litre. She has applied for a loan of USD1200 to buy another dairy cow and household goods for her retail shop. She is willing to repay this loan within a period of 12 months.


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Journal entries for Mineh Muthoni Gitahi


Loan has been disbursed
 
Entrepreneur: Mineh Muthoni Gitahi
Location: Kiambu, Kenya

Thank you for your loan. It has been disbursed to Mineh Muthoni Gitahi 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 16, 2007
Comment on this entry

WEEC loan default
 
Entrepreneur: Mineh Muthoni Gitahi
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 Mineh Muthoni Gitahi

  Expected Repayments Actual Repayments Comments
July 2007 $120.00 $0.00 Repayment Received
August 2007 $120.00 $240.00 Repayment Received
September 2007 $120.00 $120.00 Repayment Received
October 2007 $120.00 $120.00 Repayment Received
November 2007 $120.00 $120.00 Repayment Received
December 2007 $120.00 $0.00 Delinquent
January 2008 $120.00 $0.00 Delinquent
February 2008 $120.00 $0.00 Delinquent
March 2008 $120.00 $0.00 Delinquent
April 2008 $120.00 $0.00 Delinquent