Alice Muthoni Njuguna


Status: Paying Back

$800.00   Loan Amount
87% repaid

About the Entrepreneur

Name: Alice Muthoni Njuguna
Location: Gitaru, Kikuyu, Kenya
Activity: Sewing

About the Loan

Loan Amount: $800.00
Loan Use: Buying more materials for sewing
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 29, 2009
Date Disbursed: Jul 30, 2009
Date Funded:Jul 29, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:76.5500 KES = 1 USD



Alice Muthoni Njuguna is a 39-year-old seamstress; she is married and they have three children. She is a seamstress specialized in making bed covers and curtains. She has been in the market for about 20 years making a monthly profit of about kshs 30,000.

Alice was introduced to KADET by a friend. She was a client of another MFI but moved to KADET after relocating to Nairobi. With her loan, Alice intends to add more materials in order to meet her increasing client needs. She hopes to scale up the making of bedding and upholstery, targeting urban clients.



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 Alice Muthoni Njuguna


Loan has been disbursed
 
Entrepreneur: Alice Muthoni Njuguna
Location: Gitaru, Kikuyu, Kenya

Thank you for your loan. It has been disbursed to Alice Muthoni Njuguna 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 7 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 Gitaru, Kikuyu, Kenya
Jul 30, 2009
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Kiva Help Repayment Schedule for Alice Muthoni Njuguna

  Expected Repayments Actual Repayments Comments
October 2009 $88.89 $177.79 Repayment Received
November 2009 $88.89 $0.00 Repayment Received
December 2009 $88.89 $520.32 Repayment Received
January 2010 $88.89 Available Jan 1 Repayment Received
February 2010 $88.88 Available Feb 1 Repayment Received
March 2010 $88.89 Available Mar 1 Repayment Received
April 2010 $88.89 Available Apr 1 Repayment Received
May 2010 $177.78 Available May 1