Jenniffer Wambui Gachau


Status: Paying Back

$475.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Jenniffer Wambui Gachau
Location: Kayole, Nairobi, Kenya
Activity: Goods Distribution

About the Loan

Loan Amount: $475.00
Loan Use: To increase her stock of rice and tomatoes
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 21, 2009
Date Disbursed: Aug 24, 2009
Date Funded:Aug 21, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:76.2298 KES = 1 USD



Jenniffer Gachau is 49 years old, and is married to Tiras Macharia. They have one child, Dorren, aged 26 years old. Jenniffer has managed her goods distribution business for six years and her other source of income is in the auto spares and hardware business which she manages on the side.

Jenniffer has not borrowed from other micro-loan organizations before but she was introduced to KADET by existing clients. With the loan she has applied for, she plans to increase her stock of rice as the demand for rice is high.

With the extra profits, Jenniffer plans to purchase a plot of land and build a stone house to cut the costs of renting. She also believes she is hardworking and focussed and she hopes to tap into new markets.


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.


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Journal entries for Jenniffer Wambui Gachau


Loan has been disbursed
 
Entrepreneur: Jenniffer Wambui Gachau
Location: Kayole, Nairobi, Kenya

Thank you for your loan. It has been disbursed to Jenniffer Wambui Gachau 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 Kayole, Nairobi, Kenya
Aug 24, 2009
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Kiva Help Repayment Schedule for Jenniffer Wambui Gachau

  Expected Repayments Actual Repayments Comments
November 2009 $79.18 $79.18 Repayment Received
December 2009 $79.17 $113.70 Repayment Received
January 2010 $79.18 Available Jan 1  
February 2010 $79.17 Available Feb 1  
March 2010 $79.18 Available Mar 1  
April 2010 $79.12 Available Apr 1