Mary Esther Wangui


Status: Ended with Loss - Defaulted

$750.00   Loan Request
$150.00   Paid Back

About the Entrepreneur

Name: Mary Esther Wangui
Location: Muranga, Kenya
Activity: Farming

About the Loan

Loan Amount: $750.00
Loan Use: Mary would like to buy a water tank and another dairy cow
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 12, 2007
Date Disbursed: Apr 27, 2007
Date Funded:Apr 13, 2007

About the Country

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



Mary is a window with 5 children. She is a member of Gaitheri Baptist church and an active member of Gaitheri Merciful Mothers where she has been a member since the group started two years ago. Mary is also a church elder in her church.

She joined the livestock programme in WEEC and since she has benefited from trainings. She had acquired a loan of USD600 to purchase a dairy cow. She has repaid up to 97% to date. Mary wants to purchase another cow to add to her milk production that is in high demand in her area. She has been paying her children's school fees from the milk sales.

Due to a water shortage in her area, Mary would like to buy a water tank for preservation for her animals. Her dairy cow gave birth last year and she is very determined to feed the calf until it matures for milking. She really wastes a lot of time fetching water for her cows during the day and she wants to use the time with planting Napier grass in her farm. She is willing to repay her loan on a monthly basis.


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Journal entries for Mary Esther Wangui


Loan has been disbursed
 
Entrepreneur: Mary Esther Wangui
Location: Muranga, Kenya

Thank you for your loan. It has been disbursed to Mary Esther Wangui 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 27, 2007
Comment on this entry

WEEC loan default
 
Entrepreneur: Mary Esther Wangui
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)

Kiva Help Repayment Schedule for Mary Esther Wangui

  Expected Repayments Actual Repayments Comments
July 2007 $75.00 $75.00 Repayment Received
August 2007 $75.00 $75.00 Repayment Received
September 2007 $75.00 $0.00 Delinquent
October 2007 $75.00 $0.00 Delinquent
November 2007 $75.00 $0.00 Delinquent
December 2007 $75.00 $0.00 Delinquent
January 2008 $75.00 $0.00 Delinquent
February 2008 $75.00 $0.00 Delinquent
March 2008 $75.00 $0.00 Delinquent
April 2008 $75.00 $0.00 Delinquent