Purity Maina
Status: Paying Back
| $675 |
Loan Request
Pre-Disbursed
: Nov 25, 2009
Listed: Nov 26, 2009
Funded: Nov 27, 2009
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16% repaid
About the Field Partner
| Small and Micro Enterprise Programme (SMEP) administers this loan. Learn more | |||||||
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| Field Partner: | Small and Micro Enterprise Programme (SMEP) | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Pilot | ||||||
| Time on Kiva: | 6 months | ||||||
| Kiva Entrepreneurs: | 296 | ||||||
| Total Loans: | $126,425 | ||||||
| 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: | 74.7000 KES = 1 USD |
About the Loan
| Location: | Nairobi, Kenya | Repayment Term: | 11 months (more info) |
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| Activity: | Clothing Sales | Repayment Schedule: | Monthly | |
| Loan Use: | To buy more clothes to sell | Currency Exchange Loss: | Possible | |
| Default Protection: | Covered |
Purity is a single lady with two children aged 8 years and 5 years, respectively. In order to raise her family, she sells baby/children's clothes by the roadside. She has done this business for the last five years. She started her business by borrowing KES 20,000, which she has paid successfully. Her business is currently booming and she is requesting a loan of KES 50,000 to buy more baby clothes. Her major challenge is the location of her business, which is not very safe and provides no shelter. Her dream is to be financially stable and be able to move to a better house with her children. In five years time, she wants to open a boutique and venture into the shoe business. She describes herself as a hardworking woman.
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Journal entries for Purity Maina
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Loan to Purity Maina in Kenya has been 100% funded
Location: Nairobi, Kenya
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Posted by
from Nairobi, Kenya
Nov 27, 2009 |
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Comment on this entry
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Repayment Schedule for Purity Maina
Repayment Schedule for Purity Maina
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2010 | $69.23 | $108.00 |  Repayment Received
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| March 2010 | $69.23 | Available Mar 1 | |||
| April 2010 | $69.23 | Available Apr 1 | |||
| May 2010 | $86.54 | Available May 1 | |||
| June 2010 | $69.23 | Available Jun 1 | |||
| July 2010 | $69.23 | Available Jul 1 | |||
| August 2010 | $86.54 | Available Aug 1 | |||
| September 2010 | $69.23 | Available Sep 1 | |||
| October 2010 | $86.54 | Available Oct 1 | |||
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