Anwar Ali


Status: Paying Back

$550.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Anwar Ali
Location: Mwembe Tayari, Mombasa, Kenya
Activity: Cereals

About the Loan

Loan Amount: $550.00
Loan Use: To purchase cereals from Uganda to sell in Mombasa
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 24, 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:75.0500 KES = 1 USD



Anwar Ali is separated and the father of Aisha Anwar, who is three years old. He is employed as a truck driver with one of the leading truck companies in East and Central Africa. He is also a businessman dealing with food cereals. He purchases cereals from Uganda and transports them to Mombasa, where he sells them at a wholesale price to various cereal stores in the city. He has been in the business for nine years now.

Anwar Ali was introduced to KADET, a Kiva partner, by a friend. This is his first loan. With the loan, he intends to purchase cereals in Uganda to sell at wholesale prices to cereal stores in Mombasa.

His dream is to one day own his own truck.

About KADET:

The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empowering its clients by providing financial services to improve the 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

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Journal entries for Anwar Ali


Loan has been disbursed
 
Entrepreneur: Anwar Ali
Location: Mwembe Tayari, Mombasa, Kenya

Thank you for your loan. It has been disbursed to Anwar Ali 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 Mwembe Tayari, Mombasa, Kenya
Oct 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Anwar Ali

  Expected Repayments Actual Repayments Comments
December 2009 $0.00 Available Dec 1  
January 2010 $91.67 Available Jan 1  
February 2010 $91.67 Available Feb 1  
March 2010 $91.67 Available Mar 1  
April 2010 $91.68 Available Apr 1  
May 2010 $183.31 Available May 1