Thomas Otieno
Status: Paying Back
| $275 |
Loan Request
Pre-Disbursed
: Nov 11, 2009
Listed: Nov 22, 2009
Funded: Nov 22, 2009
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5% repaid
About the Field Partner
| Faulu Kenya administers this loan. Learn more | |||||||
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| Field Partner: | Faulu Kenya | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 6 months | ||||||
| Kiva Entrepreneurs: | 446 | ||||||
| Total Loans: | $216,800 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Kenya |
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| Avg Annual Income: | $1,445 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 74.3000 KES = 1 USD |
About the Loan
| Location: | Jogoo Road, Kenya | Repayment Term: | 15 months (more info) |
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| Activity: | Furniture Making | Repayment Schedule: | Monthly | |
| Loan Use: | Add stock of timber | Currency Exchange Loss: | Possible | |
| Default Protection: | Covered |
Thomas is 42 years old, divorced, and has a ten year old son named Allan. He is a carpenter who makes furniture. He has been in business for twelve years and employs three casual workers. He is requesting a loan of 20,000 Kenyan shillings to purchase timber for furniture.
Thomas describes himself as friendly and a leader and would like to expand his business and have a big workshop, possibly moving into an industrial area at a prime location. He says that since joining Faulu, he has been helped to save.
Important Information About This Loan
Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.
Thomas describes himself as friendly and a leader and would like to expand his business and have a big workshop, possibly moving into an industrial area at a prime location. He says that since joining Faulu, he has been helped to save.
Important Information About This Loan
Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.
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Journal entries for Thomas Otieno
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Loan to Thomas Otieno in Kenya has been 100% funded
Location: Jogoo Road, Kenya
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Posted by
from Jogoo Road, Kenya
Nov 22, 2009 |
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Comment on this entry
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Repayment Schedule for Thomas Otieno
Repayment Schedule for Thomas Otieno
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2010 | $15.87 | $15.87 |  Repayment Received
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| March 2010 | $21.15 | Available Mar 1 | |||
| April 2010 | $21.15 | Available Apr 1 | |||
| May 2010 | $26.45 | Available May 1 | |||
| June 2010 | $21.15 | Available Jun 1 | |||
| July 2010 | $21.15 | Available Jul 1 | |||
| August 2010 | $26.45 | Available Aug 1 | |||
| September 2010 | $21.15 | Available Sep 1 | |||
| October 2010 | $21.16 | Available Oct 1 | |||
| November 2010 | $26.44 | Available Nov 1 | |||
| December 2010 | $21.15 | Available Dec 1 | |||
| January 2011 | $21.16 | Available Jan 1 | |||
| February 2011 | $10.57 | Available Feb 1 | |||
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