Peruce Mandela Okaya


Status: Paying Back

$400.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Peruce Mandela Okaya
Location: Umoja, Nairobi, Kenya
Activity: Food Production/Sales

About the Loan

Loan Amount: $400.00
Loan Use: To open a cafeteria and a bakery.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 25, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Oct 26, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.3000 KES = 1 USD



Peruce Okaya is 33 years-old and married with two children. She is in the food production business selling food to her customers in the Umoja estate. She has been in the business for a period of six years and earns a profit of approximately 8000 kenyan shillings a month.
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Peruce plans to use the loan to open a cafeteria and a bakery. She has never borrowed from another MFI before and was introduced to Kiva partner KADET by the chairman of her group. Peruce aspires to open a hotel (a cafe) and a restaurant in the future.


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

Angela
Irvine, CA
United States

Lesley
Torquay, Devon
United Kingdom

Jakub
Montreal, Quebec
Canada

Anonymous
Upper Darby, PA
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Sue
Desborough, Northants.

Matthias
Uster, ZH
Switzerland

pachinko
Laputa,
Taiwan

Michael
Portland, OR
United States

Anonymous
San Diego, CA
United States

jan
Junglinster, Luxembourg
Luxembourg

Frank
Eindhoven, NB
Netherlands

James
Scottsdale, AZ
United States

Rebecca
Vancouver, BC
Canada

jorit
Wageningen,
Netherlands

tricia
Worcester, MA
United States



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Journal entries for Peruce Mandela Okaya


Loan has been disbursed
 
Entrepreneur: Peruce Mandela Okaya
Location: Umoja, Nairobi, Kenya

Thank you for your loan. It has been disbursed to Peruce Mandela Okaya 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 Umoja, Nairobi, Kenya
Oct 27, 2009
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Kiva Help Repayment Schedule for Peruce Mandela Okaya

  Expected Repayments Actual Repayments Comments
January 2010 $66.67 Available Jan 1  
February 2010 $66.66 Available Feb 1  
March 2010 $66.67 Available Mar 1  
April 2010 $66.67 Available Apr 1  
May 2010 $66.66 Available May 1  
June 2010 $66.67 Available Jun 1