Harrison Kimani Maina


Status: Paying Back

$675.00   Loan Amount
28% repaid

About the Entrepreneur

Name: Harrison Kimani Maina
Location: Kayole Nairobi, Kenya
Activity: Hardware

About the Loan

Loan Amount: $675.00
Loan Use: To add to the retail stock (such as glass, paint, and buiding materials) of his hardware store.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 15, 2009
Date Disbursed: Sep 8, 2009
Date Funded:Sep 16, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.7000 KES = 1 USD



Harrison is married to Lucy Nyambura and they have two children, Mark, four years old, and Amos, four months.



Harrison has been in the hardware business for nine years. The area in which his store is located is the site of much new development; therefore, he gets lots of customers.



Harrison has had no previous credit history with other MFI's. He was introduced to KADET by existing clients. He is requesting a loan in order to add more stock to his hardware shop, including glass, paint, and building materials. With the extra profit, he intends to build rental houses on his plot.



In the future, Harrison hopes and dreams to open another hardware store. He believes he has what it takes to do this because he is very hardworking.



About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower 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 about KADET from the website: www.kadet.co.ke



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Journal entries for Harrison Kimani Maina


Loan has been disbursed
 
Entrepreneur: Harrison Kimani Maina
Location: Kayole Nairobi, Kenya

Thank you for your loan. It has been disbursed to Harrison Kimani Maina 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 9 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
Sep 17, 2009
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Kiva Help Repayment Schedule for Harrison Kimani Maina

  Expected Repayments Actual Repayments Comments
December 2009 $75.00 $189.00 Repayment Received
January 2010 $75.00 Available Jan 1 Repayment Received
February 2010 $75.00 Available Feb 1  
March 2010 $75.00 Available Mar 1  
April 2010 $75.00 Available Apr 1  
May 2010 $75.00 Available May 1  
June 2010 $75.00 Available Jun 1  
July 2010 $75.00 Available Jul 1  
August 2010 $75.00 Available Aug 1