Nelson Ndung'u Itotia


Status: Paying Back

$275.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Nelson Ndung'u Itotia
Location: Muthure, Kikuyu, Kenya
Activity: Water Distribution

About the Loan

Loan Amount: $275.00
Loan Use: To dig his borehole deeper for his water supply business.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 18, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Aug 18, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:76.0000 KES = 1 USD



Nelson Itotia is a 35-year-old married father of two children who lives in Muthure, Kikuyu. He supplies water to homesteads and construction projects. He also owns rental houses where he earns about KSH 4,000 per month. Nelson was introduced to KADET by a friend who was already a member of KADET. He has borrowed from K-REP Bank before but this will be his first loan with KADET. He wants to use the loan to dig his borehole deeper so that he can have enough water for his personal use and for his business. One day Nelson hopes to expand his water supply business by buying a truck to supply water in large quantities in addition to delivery with his donkey. In addition to all that, he would like to raise pigs on his farm.

About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is committed to economically empowering its clients by providing financial services in order to relieve suffering and improve living conditions in communities across Kenya.


Subscribe

Lenders to this entrepreneur

Caleb
Ridleyton, South Australia
Australia

Damian & Maeve
Huddersfield, West Yorkshire
United Kingdom

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Josef Scarantino
Alexandria, VA
United States

Berry
Wyoming,
United States

RA & AC
Philadelphia, PA
United States

Romain
Paris,
France

Jim & Suzy
Toluca Lake, CA
United States

robert
Franklin, TN
United States

Anonymous
Pflugerville, TX
United States

Willem Brocker
Wassenaar,
Netherlands



Top Lending Teams for this entrepreneur


Cooper Union
Colleges/Universities
19 Members

Poverty2Prosperity.org - Poverty-Escape
Businesses
1666 Members

Kiva France
Local Area
357 Members

14 Cows for America
Common Interest
34 Members

Team Europe
Local Area
1245 Members

Journal entries for Nelson Ndung'u Itotia


Loan has been disbursed
 
Entrepreneur: Nelson Ndung'u Itotia
Location: Muthure, Kikuyu, Kenya

Thank you for your loan. It has been disbursed to Nelson Ndung'u Itotia 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 6 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 Muthure, Kikuyu, Kenya
Aug 19, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nelson Ndung'u Itotia

  Expected Repayments Actual Repayments Comments
November 2009 $45.84 $45.84 Repayment Received
December 2009 $45.85 Available Dec 1  
January 2010 $45.84 Available Jan 1  
February 2010 $45.84 Available Feb 1  
March 2010 $45.84 Available Mar 1  
April 2010 $45.79 Available Apr 1