Frasiah Njoki

Status: Ended with Loss - Defaulted

$550.00		Loan Request
$220.00		Paid Back

About the Entrepreneur

Name:	Frasiah Njoki
Location:	Muranga, Kenya
Activity:	Farming

About the Loan

Loan Amount:	$550.00
Loan Use:	Frasiah Njoki intends to buy a dairy cow.
Repayment Term:	12 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Apr 7, 2007
Date Disbursed:	Apr 21, 2007
Date Funded:	Apr 7, 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)

Frasiah is 45 years old. She is married with two children, who are in primary school. She is a chairlady of Mothers Union in ACK Mihuti church. She is an active member of Gondo Rahab Women Group. Her contribution in her group is very good and prompt. Frashiah is a farmer, who grows coffee, beans, maize, bananas, arrowroot and kale to cater to her family's needs. She is also a determined person who has a cow, which produces four litres of milk daily. She therefore applies for a loan of $550 to buy another dairy cow, which can produce more milk. She is willing to repay this loan within a period of 12 months.

Lenders to this entrepreneur

Chelsa
San Francisco, CA
United States

Kevin
Vancouver, British Columbia
Canada

James
Rochester, MN
United States

Jim & Ming
Tucson, AZ
United States

Anonymous
Mercer Island, WA
United States

Jacquie
Vancouver, BC
Canada

Jeri
Maple Valley, WA
United States

Fred
Montclair, NJ
Belgium

Mitch and Elizabeth
Austin, TX
United States

Top Lending Teams for this entrepreneur

Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7019 Members

Journal entries for Frasiah Njoki

Loan has been disbursed Entrepreneur: Frasiah Njoki Location: Muranga, Kenya Thank you for your loan. It has been disbursed to Frasiah Njoki 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 Muranga, Kenya Apr 21, 2007
Comments (1)

WEEC loan default Entrepreneur: Frasiah Njoki Location: Muranga, 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 Muranga, Kenya Jun 5, 2008
Comments (82)

Repayment Schedule for Frasiah Njoki

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2007	$55.00	$0.00	Repayment Received
August 2007	$55.00	$110.00	Repayment Received
September 2007	$55.00	$55.00	Repayment Received
October 2007	$55.00	$55.00	Repayment Received
November 2007	$55.00	$0.00	Delinquent
December 2007	$55.00	$0.00	Delinquent
January 2008	$55.00	$0.00	Delinquent
February 2008	$55.00	$0.00	Delinquent
March 2008	$55.00	$0.00	Delinquent
April 2008	$55.00	$0.00	Delinquent