Everlyn Jepkemoi Kosgei


Status: Paying Back

$750.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Everlyn Jepkemoi Kosgei
Location: Eldoret, Kenya
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $750.00
Loan Use: To purchase materials for construction of rental houses and to repair existing rental homes.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 23, 2009
Date Disbursed: Sep 29, 2009
Date Funded:Oct 23, 2009

About the Country

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



Everlyn is 48 years old and married to Samson, who is a farmer. They have eight children. Her rental housing business is located in Eldoret. The majority of her clients are teachers and businessmen who are not residents of Eldoret, so they rely on Everlyn's rental houses.

She was introduced to KADET by a friend.

With the loan she is taking from KADET she intends to buy more construction materials and also to repair her houses. Her future dreams are to buy land within Eldoret and build residential houses.

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



About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Everlyn Jepkemoi Kosgei


Loan has been disbursed
 
Entrepreneur: Everlyn Jepkemoi Kosgei
Location: Eldoret, Kenya

Thank you for your loan. It has been disbursed to Everlyn Jepkemoi Kosgei 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 Eldoret, Kenya
Oct 24, 2009
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Kiva Help Repayment Schedule for Everlyn Jepkemoi Kosgei

  Expected Repayments Actual Repayments Comments
December 2009 $0.00 $675.30  
January 2010 $62.51 Available Jan 1 Repayment Received
February 2010 $62.51 Available Feb 1 Repayment Received
March 2010 $62.51 Available Mar 1 Repayment Received
April 2010 $62.51 Available Apr 1 Repayment Received
May 2010 $62.51 Available May 1 Repayment Received
June 2010 $62.50 Available Jun 1 Repayment Received
July 2010 $62.51 Available Jul 1 Repayment Received
August 2010 $62.51 Available Aug 1 Repayment Received
September 2010 $62.51 Available Sep 1 Repayment Received
October 2010 $62.51 Available Oct 1 Repayment Received
November 2010 $124.91 Available Nov 1