James Mwenda Mutia
Status: Paying Back
| $675.00 | Loan Amount |
|---|
81% repaid
About the Entrepreneur
| Name: | James Mwenda Mutia |
|---|---|
| Location: | Narok, Kenya |
| Activity: | Services |
About the Loan
| Loan Amount: | $675.00 |
|---|---|
| Loan Use: | To buy more material like leather for seat covers and seat cushions |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 15, 2009 |
| Date Disbursed: | Sep 10, 2009 |
| Date Funded: | Sep 15, 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: | 75.7000 KES = 1 USD |
Mr. James Mutia is 47 years old. He is married to Joyce Mwendwa and is the father of three school-going children.
James has a seat-cushion-making business that he has been running for the last nineteen years on a busy street in Narok town.
James learned about KADET from a friend who is already a registered client. This will be his first loan which he is planning to use to expand his business by buying more stock to meet his customers’ demands. He hopes to use the profits from the proceeds of this loan to expand his business and employ more people.
James’ future dream is that he will be able to build his own house for business and also a residential one for himself and his family. James believes he is hardworking and only needs resources to attain his goal.
About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empowering its clients by providing financial services to improve the living conditions of micro-entrepreneurs and their children across Kenya. KADET is the microfinance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke
James has a seat-cushion-making business that he has been running for the last nineteen years on a busy street in Narok town.
James learned about KADET from a friend who is already a registered client. This will be his first loan which he is planning to use to expand his business by buying more stock to meet his customers’ demands. He hopes to use the profits from the proceeds of this loan to expand his business and employ more people.
James’ future dream is that he will be able to build his own house for business and also a residential one for himself and his family. James believes he is hardworking and only needs resources to attain his goal.
About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empowering its clients by providing financial services to improve the living conditions of micro-entrepreneurs and their children across Kenya. KADET is the microfinance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke
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Journal entries for James Mwenda Mutia
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Loan has been disbursed
Location: Narok, Kenya
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Posted by
from Narok, Kenya
Sep 16, 2009 |
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Comment on this entry
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Repayment Schedule for James Mwenda Mutia
Repayment Schedule for James Mwenda Mutia
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $112.51 | $551.52 |  Repayment Received
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| January 2010 | $112.51 | Available Jan 1 | Repayment Received
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| February 2010 | $112.51 | Available Feb 1 | Repayment Received
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| March 2010 | $112.51 | Available Mar 1 | Repayment Received
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| April 2010 | $112.51 | Available Apr 1 | |||
| May 2010 | $112.45 | Available May 1 | |||
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