Agnes Mutile


Status: Paying Back

$275.00   Loan Amount
81% repaid

About the Entrepreneur

Name: Agnes Mutile
Location: Kayole Nairobi, Kenya
Activity: Personal Education Expenses

About the Loan

Loan Amount: $275.00
Loan Use: Purchasing textbooks and repairing rental rooms
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 20, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Sep 20, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:74.7800 KES = 1 USD



Agnes is 34 years old and is married to Jonathan who is a businessman. The couple has two children, Pauline and Victor, who are nine and five years old respectively.



Agnes has been running a nursery school for young children for two years. Agnes' business is located in a densely populated area with mid-level residents who are her clients.



She was introduced to KADET by existing group members and she does not have any previous credit history. She has applied for a loan to progress her business by adding more textbooks to her school and using the balance from this to repair rental houses that she manages on the side. She plans to use the extra profits to expand the classes to higher levels of learning.



Agnes believes she is naturally motivated and focused and her future aspiration is to own a secondary school.




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 living conditions of micro-entrepreneurs and their children across Kenya. KADET is the micro-finance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke


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Journal entries for Agnes Mutile


Loan has been disbursed
 
Entrepreneur: Agnes Mutile
Location: Kayole Nairobi, Kenya

Thank you for your loan. It has been disbursed to Agnes Mutile 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 6 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 21, 2009
Comments (1)

Kiva Help Repayment Schedule for Agnes Mutile

  Expected Repayments Actual Repayments Comments
December 2009 $45.84 $224.69 Repayment Received
January 2010 $45.85 Available Jan 1 Repayment Received
February 2010 $45.84 Available Feb 1 Repayment Received
March 2010 $45.84 Available Mar 1 Repayment Received
April 2010 $45.84 Available Apr 1  
May 2010 $45.79 Available May 1