Mutua Ndithya
Status: Paying Back
| $425.00 | Loan Amount |
|---|
18% repaid
About the Entrepreneur
| Name: | Mutua Ndithya |
|---|---|
| Location: | Mshomoroni, Mombasa, Kenya |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $425.00 |
|---|---|
| Loan Use: | Purchasing second hand clothes bails. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 21, 2009 |
| Date Disbursed: | Sep 15, 2009 |
| Date Funded: | Sep 22, 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: | 74.7000 KES = 1 USD |
Mutua Ndithya is a 27 year old married father of one child called Fundi Nicholas who is seven months. His wife Esther Mawia is 25 years old and the family lives in Mshomori in Mombasa.
Mutua is in the business of selling second hand shoes in the busy Kongowea market and has been in operation for five years.
He has never accessed any loan from a lending organization and with this first borrowing from KADET he plans to purchase second hand bails of clothes in an effort to diversify his shoe selling business.
He hopes to open a bigger store in future in order to maximize on his income.
About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower her clients by providing financial services to improve 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
Mutua is in the business of selling second hand shoes in the busy Kongowea market and has been in operation for five years.
He has never accessed any loan from a lending organization and with this first borrowing from KADET he plans to purchase second hand bails of clothes in an effort to diversify his shoe selling business.
He hopes to open a bigger store in future in order to maximize on his income.
About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower her clients by providing financial services to improve 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 Mutua Ndithya
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Loan has been disbursed
Location: Mshomoroni, Mombasa, Kenya
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Posted by
from Mshomoroni, Mombasa, Kenya
Sep 23, 2009 |
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Comment on this entry
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Repayment Schedule for Mutua Ndithya
Repayment Schedule for Mutua Ndithya
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $70.83 | $77.92 |  Repayment Received
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| January 2010 | $70.84 | Available Jan 1 | |||
| February 2010 | $70.83 | Available Feb 1 | |||
| March 2010 | $70.83 | Available Mar 1 | |||
| April 2010 | $70.84 | Available Apr 1 | |||
| May 2010 | $70.83 | Available May 1 | |||
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