Tumpeyia Kutata

Status: Ended with Loss - Defaulted

$450.00		Loan Request
$263.00		Paid Back

About the Entrepreneur

Name:	Tumpeyia Kutata
Location:	Isinya, Kenya
Activity:	Cattle

About the Loan

Loan Amount:	$450.00
Loan Use:	Tumpeyia Kutata would like to buy two steers for fattening.
Repayment Term:	12 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Apr 3, 2007
Date Disbursed:	Apr 17, 2007
Date Funded:	Apr 3, 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)

Tumpeiya is married with two children, both are in primary school. Her husband is a pastor at Kisaju P.C.E.A Kisaju. She is an active member of the Amani Womens Group. She has a steers business which she started two years ago after joining te Amani Group. She has since then benefitted from trainings offered by WEEC and she has no regrets. Her business has been the only source of income in her family and she has made an impact that is felt by her family. She is about to sell the 4 steers she has at the moment. She wishes to receive a loan to buy more steers. She has a plan of venturing into the beadwork business after her steers business does well. She plans to leave the steers business to her husband who doesn’t work. She needs a loan of USD 450. She is willing to pay her loan within a span of one year.

Lenders to this entrepreneur

2007 Pryor Legacy Class
Liberty, MO
United States

Matt
Atlanta, GA
United States

Wynne
Vernon, CT
United States

Anonymous
Needham, MA
United States

Patricia
Ithaca, NY
United States

PAUL
ATLANTA, GA
United States

Mrs. Dibas class
Broderick Montessori School, Dana Point, CA
United States

Journal entries for Tumpeyia Kutata

Loan has been disbursed Entrepreneur: Tumpeyia Kutata Location: Isinya, Kenya Thank you for your loan. It has been disbursed to Tumpeyia Kutata 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 Isinya, Kenya Apr 17, 2007
Comments (1)

WEEC loan default Entrepreneur: Tumpeyia Kutata Location: Isinya, 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 Isinya, Kenya Jun 5, 2008
Comments (82)

Repayment Schedule for Tumpeyia Kutata

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2007	$45.00	$0.00	Repayment Received
August 2007	$45.00	$90.00	Repayment Received
September 2007	$45.00	$45.00	Repayment Received
October 2007	$45.00	$45.00	Repayment Received
November 2007	$45.00	$45.00	Repayment Received
December 2007	$45.00	$38.00	Delinquent
January 2008	$45.00	$0.00	Delinquent
February 2008	$45.00	$0.00	Delinquent
March 2008	$45.00	$0.00	Delinquent
April 2008	$45.00	$0.00	Delinquent