John Kitali Muteti
Status: Paying Back
| $600.00 | Loan Amount |
|---|
90% repaid
About the Entrepreneur
| Name: | John Kitali Muteti |
|---|---|
| Location: | Kingstone, Kenya |
| Activity: | General Store |
About the Loan
| Loan Amount: | $600.00 |
|---|---|
| Loan Use: | Increasing stock in his retail shop and completing two rental houses he's building. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 15, 2009 |
| Date Disbursed: | Sep 4, 2009 |
| Date Funded: | Sep 16, 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 |
John is 28 years old and is married. He has two children, Elizabeth and Brian, who are four-month-old twins.
John has been in the general retail business for eight years. His business is located in a densely populated area, and he has many customers.
John was introduced to KADET by a friend in a preexisting group. He has no previous credit history. He has applied for a loan, which he will use to purchase additional stock for his retail shop. He also hopes to complete two rental houses that he had started building in order to boost his income. With the extra profits gained from these investments, John wants to pay school fees for his brothers who currently attend college.
John's future hopes and dreams are to turn his business into a wholesale shop and to own real estate. He believes that, by being a determined and focused hard worker, he will be able to fulfill his dreams.
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 about KADET from their website: www.kadet.co.ke.
John has been in the general retail business for eight years. His business is located in a densely populated area, and he has many customers.
John was introduced to KADET by a friend in a preexisting group. He has no previous credit history. He has applied for a loan, which he will use to purchase additional stock for his retail shop. He also hopes to complete two rental houses that he had started building in order to boost his income. With the extra profits gained from these investments, John wants to pay school fees for his brothers who currently attend college.
John's future hopes and dreams are to turn his business into a wholesale shop and to own real estate. He believes that, by being a determined and focused hard worker, he will be able to fulfill his dreams.
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 about KADET from their website: www.kadet.co.ke.
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Journal entries for John Kitali Muteti
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Loan has been disbursed
Location: Kingstone, Kenya
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Posted by
from Kingstone, Kenya
Sep 17, 2009 |
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Comment on this entry
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Repayment Schedule for John Kitali Muteti
Repayment Schedule for John Kitali Muteti
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $50.00 | $540.25 |  Repayment Received
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| January 2010 | $50.00 | Available Jan 1 | Repayment Received
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| February 2010 | $50.00 | Available Feb 1 | Repayment Received
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| March 2010 | $50.00 | Available Mar 1 | Repayment Received
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| April 2010 | $50.00 | Available Apr 1 | Repayment Received
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| May 2010 | $50.00 | Available May 1 | Repayment Received
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| June 2010 | $50.00 | Available Jun 1 | Repayment Received
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| July 2010 | $50.00 | Available Jul 1 | Repayment Received
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| August 2010 | $50.00 | Available Aug 1 | Repayment Received
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| September 2010 | $50.00 | Available Sep 1 | Repayment Received
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| October 2010 | $50.00 | Available Oct 1 | |||
| November 2010 | $50.00 | Available Nov 1 | |||
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