Peter Njoroge Kimondo


Status: Paying Back

$600.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Peter Njoroge Kimondo
Location: Kiambaa, Kenya
Activity: Farming

About the Loan

Loan Amount: $600.00
Loan Use: To buy an electic water pump for irrigation
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 18, 2009
Date Disbursed: Aug 27, 2009
Date Funded:Sep 18, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.4500 KES = 1 USD



Peter is 58 years old married with three children. He grows vegetables and supplies milk to clients who come from within the Kiambaa location. He also sells his vegetables in Nairobi city. He earns a monthly profit of approximately kshs 29,000.

Peter has never borrowed from another micro-finance institution. This will be his third loan from KADET and he will use it to buy a water pump so that his vegetables get enough water for growth.

Peter hopes to own a big dairy farm and to buy more land to produce more vegetables for his supply.


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 Peter Njoroge Kimondo


Loan has been disbursed
 
Entrepreneur: Peter Njoroge Kimondo
Location: Kiambaa, Kenya

Thank you for your loan. It has been disbursed to Peter Njoroge Kimondo 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 12 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 Kiambaa, Kenya
Sep 19, 2009
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Kiva Help Repayment Schedule for Peter Njoroge Kimondo

  Expected Repayments Actual Repayments Comments
December 2009 $50.00 $540.25 Repayment Received
January 2010 $50.00 Available Jan 1 Repayment Received
February 2010 $50.00 Available Feb 1 Repayment Received
March 2010 $50.00 Available Mar 1 Repayment Received
April 2010 $50.00 Available Apr 1 Repayment Received
May 2010 $50.00 Available May 1 Repayment Received
June 2010 $50.00 Available Jun 1 Repayment Received
July 2010 $50.00 Available Jul 1 Repayment Received
August 2010 $50.00 Available Aug 1 Repayment Received
September 2010 $50.00 Available Sep 1 Repayment Received
October 2010 $100.00 Available Oct 1