Winfred Mwende Mutune


Status: Paying Back

$275.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Winfred Mwende Mutune
Location: Kayole Nairobi, Kenya
Activity: Cosmetics Sales

About the Loan

Loan Amount: $275.00
Loan Use: To increase stock of hair pieces and imported cosmetics.
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 22, 2009

About the Country

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



Winfred Mutene is twenty-five years old and single. She has been operating a cosmetics shop for the last three years.


She was introduced to KADET through a marketing awareness exercise that took place in one of the churches in Nairobi. This will be her first loan and she does not have a credit history with any other Microfinance institution. Winfred believes she is hardworking and focused, and with the extra profit she plans to supply cosmetics wholesale.

Winfred's future plans are to own a supermarket of beauty products.


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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Carla
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Journal entries for Winfred Mwende Mutune


Loan has been disbursed
 
Entrepreneur: Winfred Mwende Mutune
Location: Kayole Nairobi, Kenya

Thank you for your loan. It has been disbursed to Winfred Mwende Mutune 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 Winfred Mwende Mutune

  Expected Repayments Actual Repayments Comments
November 2009 $45.84 $45.84 Repayment Received
December 2009 $45.85 $45.85 Repayment Received
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