Nyamboko John


Status: Paying Back

$200.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Nyamboko John
Location: Busia, Kenya
Activity: Carpentry

About the Loan

Loan Amount: $200.00
Loan Use: To increase timber stocks and buy carpentry tools
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 12, 2009
Date Disbursed: Nov 12, 2009
Date Funded:Oct 13, 2009

About the Country

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



Nyamboko John's choice of business is carpentry which he started in 2007. He is a 60-year-old father of seven children and also a husband. He was formerly an employee in the civil service but he has retired and decided to venture into business. He buys stock from Nambale, Busia District, Kenya, twice a week. He requires a loan of 15,000 shillings which he will use to buy timber and more tools. Doing this, he says, will guarantee a better profit which will translate into further education for his seven children. His dream is to make sure all his children attend college.

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Journal entries for Nyamboko John


Loan has been disbursed
 
Entrepreneur: Nyamboko John
Location: Busia, Kenya

Thank you for your loan. It has been disbursed to Nyamboko John by Kisumu Medical & Education Trust (K-MET) in Kenya. We are excited to watch this business grow. Over the 11 months of this loan, Kisumu Medical & Education Trust (K-MET) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Busia, Kenya
Nov 12, 2009
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Kiva Help Repayment Schedule for Nyamboko John

  Expected Repayments Actual Repayments Comments
February 2010 $18.18 Available Feb 1  
March 2010 $18.18 Available Mar 1  
April 2010 $18.19 Available Apr 1  
May 2010 $18.18 Available May 1  
June 2010 $18.18 Available Jun 1  
July 2010 $18.18 Available Jul 1  
August 2010 $18.18 Available Aug 1  
September 2010 $18.18 Available Sep 1  
October 2010 $18.19 Available Oct 1  
November 2010 $18.18 Available Nov 1  
December 2010 $18.18 Available Dec 1