Joses Mutchiri
Status: Paying Back
| $1,075.00 | Loan Amount |
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87% repaid
About the Entrepreneur
| Name: | Joses Mutchiri |
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| Location: | Uthiru,nairobi, Kenya |
| Activity: | Movie Tapes & DVDs |
About the Loan
| Loan Amount: | $1,075.00 |
|---|---|
| Loan Use: | Buying another motorbike for his new transport business. |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 18, 2009 |
| Date Disbursed: | Aug 6, 2009 |
| Date Funded: | Aug 19, 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: | 76.0000 KES = 1 USD |
Joses Mutchiri is a single young man who is 25 years old. He lives in Uthiru where he operates a video shop. He sells and rents video tapes, DVDs and CDs.
Joses was introduced to KADET by his friends. He had never borrowed elsewhere. This will be his sixth loan and his repayment history has been good for all the previous loans. His business is unique because there are no similar ones in the area. Therefore, he stands a high chance of succeeding.
He plans to spend approximately Ksh 50,000 to purchase a new motorbike, and use the balance of Ksh 30,000 to diversify his video library collection. The motorbike business is a new venture in the area and, because not many people have ventured into it and because the services are needed in the area, it is a very promising pursuit.
Joses was introduced to KADET by his friends. He had never borrowed elsewhere. This will be his sixth loan and his repayment history has been good for all the previous loans. His business is unique because there are no similar ones in the area. Therefore, he stands a high chance of succeeding.
He plans to spend approximately Ksh 50,000 to purchase a new motorbike, and use the balance of Ksh 30,000 to diversify his video library collection. The motorbike business is a new venture in the area and, because not many people have ventured into it and because the services are needed in the area, it is a very promising pursuit.
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Lenders to this entrepreneur
the Dies Family
CT and MA (USA), Japan,
Good Dogg
Front Porch, www.kivafriends.org
United States
B Rose
Minneapolis, MN
United States
Tallak
OSLO,
Norway
Top Lending Teams for this entrepreneur
Journal entries for Joses Mutchiri
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Loan has been disbursed
Location: Uthiru,nairobi, Kenya
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Posted by
from Uthiru,nairobi, Kenya
Aug 20, 2009 |
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Comment on this entry
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Repayment Schedule for Joses Mutchiri
Repayment Schedule for Joses Mutchiri
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $119.45 | $119.45 |  Repayment Received
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| December 2009 | $119.44 | $818.64 | Repayment Received
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| January 2010 | $119.45 | Available Jan 1 | Repayment Received
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| February 2010 | $119.44 | Available Feb 1 | Repayment Received
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| March 2010 | $119.45 | Available Mar 1 | Repayment Received
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| April 2010 | $119.45 | Available Apr 1 | Repayment Received
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| May 2010 | $119.44 | Available May 1 | Repayment Received
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| June 2010 | $119.45 | Available Jun 1 | |||
| July 2010 | $119.43 | Available Jul 1 | |||
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