| $675.00 | Loan Amount |
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| Name: | Harrison Kimani Maina |
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| Location: | Kayole Nairobi, Kenya |
| Activity: | Hardware |
| 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 |
| 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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Loan has been disbursed
Location: Kayole Nairobi, Kenya
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Posted by
from Kayole Nairobi, Kenya
Sep 17, 2009 |
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Comment on this entry
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| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $75.00 | $189.00 | Repayment Received
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| January 2010 | $75.00 | Available Jan 1 | Repayment Received
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| 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 | |||