George Kiura Njogu
Status: Paying Back
| $675.00 | Loan Amount |
|---|
81% repaid
About the Entrepreneur
| Name: | George Kiura Njogu |
|---|---|
| Location: | Ngando, Nairobi, Kenya |
| Activity: | Entertainment |
About the Loan
| Loan Amount: | $675.00 |
|---|---|
| Loan Use: | To expand his small theater that shows movies, videos and satellite TV |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 21, 2009 |
| Date Disbursed: | Jun 25, 2009 |
| Date Funded: | Jul 21, 2009 |
About the Field Partner
About the Field Partner
About the Country
| Country: | Kenya |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 76.6000 KES = 1 USD |
George Njogu is a 37-year-old married man with two children. His primary business is showing videos and satellite TV in a small theater, and he and his wife also have a bread-distribution business. He has been in the business for eight years and is currently making a profit of about 11,500 Kenyan shillings ($150 U.S.) a month.
George was introduced to KADET by the chairman of the KADET borrowing group he joined. George's business is situated in an area with a high population of young people who like watching football on DSTV. He would like to use his loan to expand his video showroom to accommodate more viewers who are growing in numbers. He hopes to open a hardware business in the future.
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.
George was introduced to KADET by the chairman of the KADET borrowing group he joined. George's business is situated in an area with a high population of young people who like watching football on DSTV. He would like to use his loan to expand his video showroom to accommodate more viewers who are growing in numbers. He hopes to open a hardware business in the future.
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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Journal entries for George Kiura Njogu
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Loan has been disbursed
Location: Ngando, Nairobi, Kenya
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Posted by
from Ngando, Nairobi, Kenya
Jul 22, 2009 |
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Comment on this entry
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Repayment Schedule for George Kiura Njogu
Repayment Schedule for George Kiura Njogu
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2009 | $112.51 | $225.02 |  Repayment Received
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| November 2009 | $112.51 | $0.00 | Repayment Received
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| December 2009 | $112.51 | $326.50 | Repayment Received
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| January 2010 | $112.51 | Available Jan 1 | Repayment Received
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| February 2010 | $224.96 | Available Feb 1 | |||
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