Joseph Wamiti


Status: Paying Back

$850.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Joseph Wamiti
Location: Muguga, Kenya
Activity: Motorcycle Transport

About the Loan

Loan Amount: $850.00
Loan Use: To buy a motorcycle to run a taxi business.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 20, 2009
Date Disbursed: Jun 29, 2009
Date Funded:Jul 22, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:77.1000 KES = 1 USD



Joseph Wamiti is a 40-year-old married man with four children. He has been a charcoal wholesaler for the last ten years. He serves both wholesale and retail traders and his customers are mainly from within Kiambaa Shopping Center. Besides that, he is also involved with dairy and poultry farming.

Joseph was introduced to KADET by a friend. This is his 3rd loan from KADET. He intends to buy a motorcycle to run a taxi business. In addition to that, he hopes to open a big charcoal store.


About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is committed to economically empowering its clients by providing financial services to rural communities in order to relieve suffering and improve living conditions within those communities.


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Todd
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Theo
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Rosemary
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Joel & Jennifer
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Angela Jane
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Kyle and Laurel
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Martha & Ray
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Journal entries for Joseph Wamiti


Loan has been disbursed
 
Entrepreneur: Joseph Wamiti
Location: Muguga, Kenya

Thank you for your loan. It has been disbursed to Joseph Wamiti by Kenya Agency for Development of Enterprise and Technology (KADET), a partner of World Vision International in Kenya. We are excited to watch this business grow. Over the 13 months of this loan, Kenya Agency for Development of Enterprise and Technology (KADET), a partner of World Vision International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Muguga, Kenya
Jul 23, 2009
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Kiva Help Repayment Schedule for Joseph Wamiti

  Expected Repayments Actual Repayments Comments
October 2009 $70.84 $141.68 Repayment Received
November 2009 $70.84 $0.00 Repayment Received
December 2009 $70.84 $623.67 Repayment Received
January 2010 $70.84 Available Jan 1 Repayment Received
February 2010 $70.84 Available Feb 1 Repayment Received
March 2010 $70.84 Available Mar 1 Repayment Received
April 2010 $70.84 Available Apr 1 Repayment Received
May 2010 $70.84 Available May 1 Repayment Received
June 2010 $70.84 Available Jun 1 Repayment Received
July 2010 $70.84 Available Jul 1 Repayment Received
August 2010 $70.84 Available Aug 1  
September 2010 $70.76 Available Sep 1