Francis Nzioka Mwanza


Status: Paying Back

$525.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Francis Nzioka Mwanza
Location: Eldoret, Kenya
Activity: Timber Sales

About the Loan

Loan Amount: $525.00
Loan Use: To buy more wood for a timber shop, and new equipment and tools.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 28, 2009
Date Disbursed: Jul 14, 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



Francis, 27 years old and married with one child, has been in the business of buying and selling timber for the past six years. His business is located in the Kimumu suburb of Eldoret Town. Francis was introduced to KADET by his friend who is a KADET client. With this loan, he plans to buy more wood for his business as well as new equipment and tools.


Francis hopes that in future he'll be able to diversify his business and begin making furniture. He wants to be able to educate his children as fully as possible, and would like to send them to university or college.



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 Francis Nzioka Mwanza


Loan has been disbursed
 
Entrepreneur: Francis Nzioka Mwanza
Location: Eldoret, Kenya

Thank you for your loan. It has been disbursed to Francis Nzioka Mwanza 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
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Kiva Help Repayment Schedule for Francis Nzioka Mwanza

  Expected Repayments Actual Repayments Comments
October 2009 $43.76 $43.76 Repayment Received
November 2009 $43.76 $43.76 Repayment Received
December 2009 $43.76 $385.19 Repayment Received
January 2010 $43.76 Available Jan 1 Repayment Received
February 2010 $43.75 Available Feb 1 Repayment Received
March 2010 $43.76 Available Mar 1 Repayment Received
April 2010 $43.76 Available Apr 1 Repayment Received
May 2010 $43.76 Available May 1 Repayment Received
June 2010 $43.76 Available Jun 1 Repayment Received
July 2010 $43.76 Available Jul 1 Repayment Received
August 2010 $43.76 Available Aug 1  
September 2010 $43.65 Available Sep 1