Lawrence Kamau


Status: Paying Back

$1,075.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Lawrence Kamau
Location: Juja- Thika, Kenya
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,075.00
Loan Use: To purchase a motorcycle to use to transport goods to market
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 23, 2009
Date Disbursed: Sep 28, 2009
Date Funded:Oct 26, 2009

About the Country

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



Lawrence is 27 years old and a single man. He is applying for his fourth loan with KADET. He plans to buy a motorcycle to use to transport produce and other goods to market, to expand business and open a milk bar. This will enable him to increase customers and sources of income. He came to know about KADET through market outreach in Juja town.



With the extra profit he earns he intends to expand his business and open a dairy outlet. His future hope is to open a transport business.



Lawrence can be described as a very hardworking man, he says "I am determined and never give up on what I am pursuing despite the challenges. My motto is: never give up, keep moving forward."



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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Lenders to this entrepreneur

Anonymous
Takoma Park, MD
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Lee
Monroe, OR
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David
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Howard & Jillian
Vence,
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Don
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Tania
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Fred F. Taylor
Miami, FL
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Myra
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Buchanan Family
www.kivafriends.org, Ramsey, NJ
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Eric
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Nigel
London, England
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Jonathan
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Familia Pires
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Benton
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Blaine
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Tom
Chicago, IL
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Anonymous
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Jeff
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Chris
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patrick
armington, IL
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Ben
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larry
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Journal entries for Lawrence Kamau


Loan has been disbursed
 
Entrepreneur: Lawrence Kamau
Location: Juja- Thika, Kenya

Thank you for your loan. It has been disbursed to Lawrence Kamau 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 Juja- Thika, Kenya
Oct 27, 2009
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Kiva Help Repayment Schedule for Lawrence Kamau

  Expected Repayments Actual Repayments Comments
December 2009 $0.00 $967.94  
January 2010 $89.59 Available Jan 1 Repayment Received
February 2010 $89.59 Available Feb 1 Repayment Received
March 2010 $89.58 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 $89.59 Available Jun 1 Repayment Received
July 2010 $89.58 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 Repayment Received
November 2010 $179.12 Available Nov 1