Margaret Nthenya Mangeli

Location:	Pipeline ,nairobi, Kenya	Repayment Term:	14 months (more info)
Activity:	Sewing	Repayment Schedule:	Monthly
Loan Use:	To purchase sewing materials	Currency Exchange Loss:	Covered
		Default Protection:	Covered

Margaret Mangeli is 37 years old and married with a five-year-old child. She also cares for her younger sister who attends a local college. Margaret's interest in sewing started in 1999 when she made the choice not to move to the rural areas to work in the farms; instead, she got her husband to take her to a sewing school. After gaining sewing skills she worked with a woman known as Mama Brian who helped her refine her skills. With time, however, payments from Mama Brian decreased and work became sparse, so she decided to set out on her own.

With her savings she bought herself a sewing machine and placed herself at a corner in the streets where she would be able to attract customers. In time she established a solid customer base and with the help of one such customer she learned of a room that was for rent. She has been there since April 2000. Her main challenge that Margaret faces is the lack of variety in her materials, which causes some customers to seek elsewhere. She is therefore requesting a loan to purchase materials such linings and buttons, which will enable her to better cater to her customers. She thanks her lenders in advance for their help.

Lenders to this entrepreneur

Mark Agwonah Memorial
Kivafriends worldwide!,

Wolfgang
KivaFriends.org, Berlin
Germany

Henry
Bradenton, FL
United States

Julie
Palo Alto, CA
United States

Tamara Cobbin
Penticton, British Columbia
Canada

www.iacs-md.org
Towson, MD
United States

Kay
Columbia, MD KivaFriends.org
United States

Graham
London, UK
United Kingdom

Nazaret
Lublin, Poland
Poland

Jill
Lambertville, NJ
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Helene
PARIS,
France

Sandra
Zeist,
Netherlands

Bill and Gina
Indianapolis, IN
United States

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Journal entries for Margaret Nthenya Mangeli

Loan has been disbursed Entrepreneur: Margaret Nthenya Mangeli Location: Pipeline ,nairobi, Kenya Thank you for your loan. It has been disbursed to Margaret Nthenya Mangeli by Action Now: Kenya (ANK) in Kenya. We are excited to watch this business grow. Over the next 12 months, Action Now: Kenya (ANK) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Pipeline ,nairobi, Kenya Oct 22, 2008
Comment on this entry

Update on Your Loan to an Action Now: Kenya Borrower Entrepreneur: Margaret Nthenya Mangeli Location: Pipeline ,nairobi, Kenya Dear Lender, This is an update on your loan to a borrower working with Action Now: Kenya in Kenya. Thank you for supporting low-income entrepreneurs by lending through Kiva. You may have noticed that repayments on this loan have not been coming in for quite some time. After detailed investigation by Kiva representatives in Kenya, our team has determined that further repayments on your loan will be considerably delayed. However, Kiva staff are working closely with our Field Partner, Action Now: Kenya, who manages this loan on the ground to arrange the gradual repayment of your loan. To learn more, please visit: http://www.kiva.org/about/aboutPartner?id=36 Although your loan is delinquent, we hope you realize that over 95% of loans on Kiva have been repaid in full and that you'll give lending to developing world entrepreneurs another chance in the future. Thank you, Ben Elberger Kiva Staff Microfinance Partnerships Manager
Posted by Benjamin Elberger, Kiva Staff, from San Francisco, United States Apr 2, 2009
Comments (24)

Default of Your Loan to an Entrepreneur with Action Now: Kenya Entrepreneur: Margaret Nthenya Mangeli Location: Pipeline ,nairobi, Kenya After continuing non-payment to Kiva, all active Action Now: Kenya loans have now been defaulted. Kiva will continue to pursue recovery of funds on these loans and apply funds proportionally to lenders if and as funds are received. However, Kiva staff have judged the likelihood of recovery on these loans to be sufficiently low such as to update the loan status of these loans to “defaulted”. For further details on this default, please see Action Now: Kenya’s Field Partner page: < href="http://www.kiva.org/about/aboutPartner?id=36">http://www.kiva.org/about/aboutPartner?id=36.
Posted by Benjamin Elberger, Kiva Staff, from San Francisco, United States Dec 16, 2009
Comments (9)

Clarification on Action Now: Kenya Loan Entrepreneur: Margaret Nthenya Mangeli Location: Pipeline ,nairobi, Kenya Recently, a mass journal was sent out informing lenders that all of Action Now: Kenya’s active loans have defaulted after continued non-repayment from ANK to Kiva. This journal was erroneously posted to a number of loans from ANK that had been paid back in full and were not affected by the recent defaults. To clear up any confusion that this mass journal caused, we want to let you know that these defaults only apply to lenders who have active loans with ANK. Kiva will continue to pursue recovery of funds on these loans and apply funds proportionally to lenders if and as funds are received. However, Kiva staff have judged the likelihood of recovery on these loans to be sufficiently low such as to update the loan status of these loans to “defaulted.” For more information about the default, please visit Action Now: Kenya’s Field Partner page here: http://www.kiva.org/about/aboutPartner?id=36. We apologize for the error. If you have any questions about this, please feel free to post a comment below or email us at contactus@kiva.org.
Posted by Benjamin Elberger, Kiva Staff, from San Francisco, United States Dec 18, 2009
Comments (3)

Repayment Schedule for Margaret Nthenya Mangeli

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	Expected Repayments	Actual Repayments	Comments
January 2009	$35.42	$35.42	Repayment Received
February 2009	$35.42	$0.00	Delinquent
March 2009	$35.42	$0.00	Delinquent
April 2009	$35.42	$0.00	Delinquent
May 2009	$35.42	$0.00	Delinquent
June 2009	$35.42	$0.00	Delinquent
July 2009	$35.42	$0.00	Delinquent
August 2009	$35.42	$0.00	Delinquent
September 2009	$35.42	$0.00	Delinquent
October 2009	$35.42	$0.00	Delinquent
November 2009	$35.42	$0.00	Delinquent
December 2009	$35.38	$3.05	Delinquent
January 2010	$0.00	$0.00
February 2010	$0.00	$4.69