Alex Yego
Status: Paying Back
| $675.00 | Loan Amount |
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57% repaid
About the Entrepreneur
| Name: | Alex Yego |
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| Location: | Mfangano Street In Nairobi, Kenya |
| Activity: | Printing |
About the Loan
| Loan Amount: | $675.00 |
|---|---|
| Loan Use: | To buy more stationery to be supplied to institutions in the rural areas |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 24, 2009 |
| Date Disbursed: | Jul 10, 2009 |
| Date Funded: | Jul 25, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Small and Micro Enterprise Programme (SMEP) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 4 months |
| Kiva Entrepreneurs: | 117 |
| Total Loans: | $46,025 |
| 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: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 76.4006 KES = 1 USD |
Alex is newly married and runs a stationery business with a family member. He also provides typing and photocopy services. He supplies stationery to the schools in the rural areas. His major challenge is transporting the stationery to these schools. He has been in this business, which has big potential for growth, for the past two years. The stationery business is a big market in Kenya and is dominated by big players who able to undercut prices and squeeze the margins for the small players. However, Alex has discovered a niche market in the rural areas. He is now requesting a loan of Kshs 50,000 to buy more stationery for the needy schools.
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Journal entries for Alex Yego
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Loan has been disbursed
Location: Mfangano Street In Nairobi, Kenya
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Posted by
from Mfangano Street In Nairobi, Kenya
Jul 26, 2009 |
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Comment on this entry
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Repayment Schedule for Alex Yego
Repayment Schedule for Alex Yego
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $51.92 | $51.92 |  Repayment Received
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| October 2009 | $103.85 | $103.85 | Repayment Received
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| November 2009 | $103.85 | $103.85 | Repayment Received
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| December 2009 | $129.80 | $129.80 | Repayment Received
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| January 2010 | $103.85 | Available Jan 1 | |||
| February 2010 | $103.85 | Available Feb 1 | |||
| March 2010 | $77.88 | Available Mar 1 | |||
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