Paul Njuguna

Status: Paying Back

$275.00		Loan Amount

81% repaid

About the Entrepreneur

Name:	Paul Njuguna
Location:	Naivasha, Kenya
Activity:	Tailoring

About the Loan

Loan Amount:	$275.00
Loan Use:	To buy material for a tailoring business
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Possible
Date Listed:	Oct 13, 2009
Date Disbursed:	Oct 13, 2009
Date Funded:	Oct 16, 2009

About the Field Partner

Field Partner:

Kenya Agency for Development of Enterprise and Technology (KADET), a partner of World Vision International

Field Partner Risk Rating:

(Learn more)

Active

5 months

618

$331,725

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Kenya
Avg Annual Income:	$1,445.00
Currency:	Kenya Shillings (KES)
Exchange Rate:	75.0500 KES = 1 USD

Paul has been a motorbike taxi operator in Naivasha town for over seven years. He also runs a tailoring business on the side. He is 44 years old, married to Lucy Mumbi, and they have four school-age children. Paul was introduced to KADET by his friend. This will be his first loan with the organization and, with this loan, he is planning to buy more clothing material for his tailoring business, which is run by his wife. His future plan is to go into real estate – to buy a piece of land and build rental houses in Naivasha, a fast-growing town.

About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empowering its clients. KADET provides financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. KADET is a micro-finance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke/.

Lenders to this entrepreneur

Nazaret
Lublin, Poland
Poland

Rebecca
New York, NY
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Don & Donna
Tulsa, Oklahoma
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Anonymous

Germany

Anthony ter Neuzen
Haarlem, NH
Netherlands

Nicolas
Paris,
France

Laurent D
Brussels,
Belgium

Thomas
Watson Lake, Yukon
Canada

Anonymous
Oklahoma City, OK
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Michael and Virginia
Snyder, TX
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River Path
Wimborne, Dorset
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Journal entries for Paul Njuguna

Loan has been disbursed Entrepreneur: Paul Njuguna Location: Naivasha, Kenya Thank you for your loan. It has been disbursed to Paul Njuguna 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 Naivasha, Kenya Oct 17, 2009
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Repayment Schedule for Paul Njuguna

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2009	$0.00	$224.69
January 2010	$45.84	Available Jan 1	Repayment Received
February 2010	$45.84	Available Feb 1	Repayment Received
March 2010	$45.83	Available Mar 1	Repayment Received
April 2010	$45.84	Available Apr 1	Repayment Received
May 2010	$45.84	Available May 1
June 2010	$45.81	Available Jun 1