Helen Njeri Mwangi

Status: Ended with Loss - Defaulted

$600.00		Loan Request
$80.00		Paid Back

About the Entrepreneur

Name:	Helen Njeri Mwangi
Location:	Muranga, Kenya
Activity:	Farming

About the Loan

Loan Amount:	$600.00
Loan Use:	Helen would like to buy a dairy cow
Repayment Term:	18 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Apr 28, 2007
Date Disbursed:	May 13, 2007
Date Funded:	Apr 29, 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)

Helen Njeri Mwangi is 41 years old. She is married with five children; two are in primary school, one in secondary school and the other two are in college. Helen is an active member of Gitui Smart women group. She is also an active member of Gitui Catholic Church where she attends mass and participates in the church activities. Working as a farmer in the Gitui Village, Helen grows sweet potatoes, arrow roots, beans, maize and coffee. She also owns a dairy cow. She sells the produce locally to the local residents. She intends to borrow a loan of USD600 to buy a dairy cow. Her application for a loan has been approved by the loan committee and she is willing to repay the loan within a period of 15 months.

Lenders to this entrepreneur

Caren
Hood River, OR
United States

Wayne & Betsy
Tullahoma, TN
United States

brian
cambridge, ma
United States

John
Clermont, FL
United States

Kaitlin

United States

The Sample Family
Concord, MA
United States

SEG
Grinnell, IA
United States

Jason
San Diego, CA
United States

Journal entries for Helen Njeri Mwangi

Loan has been disbursed Entrepreneur: Helen Njeri Mwangi Location: Muranga, Kenya Thank you for your loan. It has been disbursed to Helen Njeri Mwangi by Women`s Economic Empowerment Consort in Kenya. We are excited to watch this business grow. Over the next 15 - 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 May 13, 2007
Comment on this entry

WEEC loan default Entrepreneur: Helen Njeri Mwangi 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 Helen Njeri Mwangi

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	Expected Repayments	Actual Repayments	Comments
August 2007	$40.00	$40.00	Repayment Received
September 2007	$40.00	$40.00	Repayment Received
October 2007	$40.00	$0.00	Delinquent
November 2007	$40.00	$0.00	Delinquent
December 2007	$40.00	$0.00	Delinquent
January 2008	$40.00	$0.00	Delinquent
February 2008	$40.00	$0.00	Delinquent
March 2008	$40.00	$0.00	Delinquent
April 2008	$40.00	$0.00	Delinquent
May 2008	$40.00	$0.00	Delinquent
June 2008	$40.00	$0.00	Delinquent
July 2008	$40.00	$0.00	Delinquent
August 2008	$40.00	$0.00	Delinquent
September 2008	$40.00	$0.00	Delinquent
October 2008	$40.00	$0.00	Delinquent