Lilian Wangu Waruingi


Status: Paying Back

$675.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Lilian Wangu Waruingi
Location: Makadara, Kenya
Activity: Clothing Sales

About the Loan

Loan Amount: $675.00
Loan Use: To purchase new clothes to sell at her stall in the market
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 28, 2009
Date Disbursed: Oct 15, 2009
Date Funded:Oct 29, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.1500 KES = 1 USD



Lilian is married to Joseph and they have no children yet. She was introduced to KADET through existing clients, and has no previous credit history.

Lilian has been in the business of selling new clothes for two years. With the loan she is acquiring, she intends to add to her stock of new clothes since demand is high because it is the high festive season (school holidays and Christmas holiday).

Lilian operates her business out of a stall in an open market where there are many customers. With the extra profits, Lilian plans to open another stall and her hope is to sell clothes wholesale. Lilian believes she is very determined and hardworking.


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 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 Lilian Wangu Waruingi


Loan has been disbursed
 
Entrepreneur: Lilian Wangu Waruingi
Location: Makadara, Kenya

Thank you for your loan. It has been disbursed to Lilian Wangu Waruingi 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 Makadara, Kenya
Oct 30, 2009
Comment on this entry

Kiva Help Repayment Schedule for Lilian Wangu Waruingi

  Expected Repayments Actual Repayments Comments
December 2009 $0.00 Available Dec 1  
January 2010 $56.25 Available Jan 1  
February 2010 $56.26 Available Feb 1  
March 2010 $56.25 Available Mar 1  
April 2010 $56.26 Available Apr 1  
May 2010 $56.25 Available May 1  
June 2010 $56.26 Available Jun 1  
July 2010 $56.25 Available Jul 1  
August 2010 $56.26 Available Aug 1  
September 2010 $56.25 Available Sep 1  
October 2010 $56.26 Available Oct 1  
November 2010 $56.25 Available Nov 1  
December 2010 $56.20 Available Dec 1