Gladys Kezia Magana Kamau


Status: Paying Back

$1,125.00   Loan Amount
8% repaid

About the Entrepreneur

Name: Gladys Kezia Magana Kamau
Location: Eldoret, Kenya
Activity: Phone Use Sales

About the Loan

Loan Amount: $1,125.00
Loan Use: To buy more calling cards for resale and business use.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 28, 2009
Date Disbursed: Jul 27, 2009
Date Funded:Jul 28, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:76.3500 KES = 1 USD



Gladys Kamau, 24 and single, has operated the business of providing phone service to the public for the past five years on Odinga Street in Eldoret Town. She owns a booth equipped with mobile phones that customers can use to make calls from for a fee and also sells prepaid mobile phone cards to people who own their own phones



With the money from this loan, Gladys plans to buy more calling cards for her business as well as detergent for resale, another business she is engaged in. In the future, she intends to diversify by starting a wholesale business. She also hopes to be able to buy a plot of land within Eldoret and to be able to pay school fees for her sister.



Gladys was introduced to KADET by an acquaintance who was already a KADET client.



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 Gladys Kezia Magana Kamau


Loan has been disbursed
 
Entrepreneur: Gladys Kezia Magana Kamau
Location: Eldoret, Kenya

Thank you for your loan. It has been disbursed to Gladys Kezia Magana Kamau 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 12 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 Eldoret, Kenya
Jul 29, 2009
Comment on this entry

Kiva Help Repayment Schedule for Gladys Kezia Magana Kamau

  Expected Repayments Actual Repayments Comments
October 2009 $0.00 $93.76  
November 2009 $93.76 $0.00 Repayment Received
December 2009 $93.76 Available Dec 1  
January 2010 $93.76 Available Jan 1  
February 2010 $93.76 Available Feb 1  
March 2010 $93.75 Available Mar 1  
April 2010 $93.76 Available Apr 1  
May 2010 $93.76 Available May 1  
June 2010 $93.76 Available Jun 1  
July 2010 $93.76 Available Jul 1  
August 2010 $93.76 Available Aug 1  
September 2010 $93.76 Available Sep 1  
October 2010 $93.65 Available Oct 1