Alice Muthoni Mburu


Status: Paying Back

$675.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Alice Muthoni Mburu
Location: Thamanda, Kikuyu, Kenya
Activity: Dairy

About the Loan

Loan Amount: $675.00
Loan Use: Buying two more dairy cows to produce milk to sell
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 23, 2009
Date Disbursed: Oct 16, 2009
Date Funded:Oct 23, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.0800 KES = 1 USD



Alice Muthoni is 41 years old and married with three children. She has dairy cows which help her to supply milk to her customers in the Thamanda area. She has been running this business for three years and now makes monthly profit of approximately 25,000 Kenyan shillings. Alice wants to buy two more dairy cows in order to meet increased demand. She has never borrowed from another MFI. One day, she hopes to own a big dairy farm to supply milk to other areas.


About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower 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 Alice Muthoni Mburu


Loan has been disbursed
 
Entrepreneur: Alice Muthoni Mburu
Location: Thamanda, Kikuyu, Kenya

Thank you for your loan. It has been disbursed to Alice Muthoni Mburu 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 9 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 Thamanda, Kikuyu, Kenya
Oct 24, 2009
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Kiva Help Repayment Schedule for Alice Muthoni Mburu

  Expected Repayments Actual Repayments Comments
January 2010 $75.01 Available Jan 1  
February 2010 $75.00 Available Feb 1  
March 2010 $75.01 Available Mar 1  
April 2010 $75.00 Available Apr 1  
May 2010 $75.01 Available May 1  
June 2010 $75.01 Available Jun 1  
July 2010 $75.00 Available Jul 1  
August 2010 $75.01 Available Aug 1  
September 2010 $74.95 Available Sep 1