Peter Mwangi


Status: Paying Back

$800.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Peter Mwangi
Location: Naivasha, Kenya
Activity: General Store

About the Loan

Loan Amount: $800.00
Loan Use: To buy retail goods in bulk to sell at his shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 28, 2009
Date Disbursed: Oct 13, 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



Peter has been running his retail store in Njabini, in the outskirts of Naivasha Town, for the last five years. He is 32 years old, married to Gladys Wangari, and has a 9-month-old baby boy.

Peter was introduced to KADET by his friend and this will be his 6th loan from the organization. With the loan, Peter plans to buy more retail stock (in bulk which will be cheaper for him) to sell in his shop.

Peter hopes to one day open a supermarket in Njabini.


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 Peter Mwangi


Loan has been disbursed
 
Entrepreneur: Peter Mwangi
Location: Naivasha, Kenya

Thank you for your loan. It has been disbursed to Peter Mwangi 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 Naivasha, Kenya
Oct 30, 2009
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Kiva Help Repayment Schedule for Peter Mwangi

  Expected Repayments Actual Repayments Comments
December 2009 $0.00 $720.33  
January 2010 $66.67 Available Jan 1 Repayment Received
February 2010 $66.66 Available Feb 1 Repayment Received
March 2010 $66.67 Available Mar 1 Repayment Received
April 2010 $66.67 Available Apr 1 Repayment Received
May 2010 $66.66 Available May 1 Repayment Received
June 2010 $66.67 Available Jun 1 Repayment Received
July 2010 $66.67 Available Jul 1 Repayment Received
August 2010 $66.66 Available Aug 1 Repayment Received
September 2010 $66.67 Available Sep 1 Repayment Received
October 2010 $66.67 Available Oct 1 Repayment Received
November 2010 $66.66 Available Nov 1  
December 2010 $66.67 Available Dec 1