Josephine Akoth Okwako


Status: Paying Back

$1,075.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Josephine Akoth Okwako
Location: Kariobangi Nairobi, Kenya
Activity: Clothing Sales

About the Loan

Loan Amount: $1,075.00
Loan Use: Josephine will use her loan to purchase additional fabric so that she can make more clothing and maximize her profits
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 12, 2009
Date Disbursed: Sep 16, 2009
Date Funded:Oct 16, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.0000 KES = 1 USD



Josephine is married to Samson and they have no children yet.

Josephine has been in the tailoring business for fourteen years. She was introduced to KADET through existing clients and she has no previous credit history. Josephine will use her loan to purchase additional fabric so that she can make more clothing and maximize her profits.

The client's customers are mainly from the rural areas, and sees most of her customers on market days. With the extra profits she will develop a piece of land. Her hopes are to become a landlady. She believes she is hardworking.

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 Josephine Akoth Okwako


Loan has been disbursed
 
Entrepreneur: Josephine Akoth Okwako
Location: Kariobangi Nairobi, Kenya

Thank you for your loan. It has been disbursed to Josephine Akoth Okwako 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 Kariobangi Nairobi, Kenya
Oct 17, 2009
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Kiva Help Repayment Schedule for Josephine Akoth Okwako

  Expected Repayments Actual Repayments Comments
December 2009 $89.59 $967.94 Repayment Received
January 2010 $89.59 Available Jan 1 Repayment Received
February 2010 $89.58 Available Feb 1 Repayment Received
March 2010 $89.59 Available Mar 1 Repayment Received
April 2010 $89.59 Available Apr 1 Repayment Received
May 2010 $89.59 Available May 1 Repayment Received
June 2010 $89.58 Available Jun 1 Repayment Received
July 2010 $89.59 Available Jul 1 Repayment Received
August 2010 $89.59 Available Aug 1 Repayment Received
September 2010 $89.59 Available Sep 1 Repayment Received
October 2010 $89.59 Available Oct 1  
November 2010 $89.53 Available Nov 1