John Mwangi Kagucia


Status: Paying Back

$1,075.00   Loan Amount
0% repaid

About the Entrepreneur

Name: John Mwangi Kagucia
Location: Gatundu, Kenya
Activity: Tailoring

About the Loan

Loan Amount: $1,075.00
Loan Use: To purchase more sewing machines for his tailoring business
Repayment Term: 8 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Possible
Date Listed: Oct 29, 2009
Date Disbursed: Oct 23, 2009
Date Funded:Oct 31, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.3500 KES = 1 USD



John, 41, is married to Joyce and has three children. John was introduced to Kiva partner Kadet through an existing client. He is applying for his first loan with Kadet. He has been operating a tailoring and dressmaking shop for the past 11 years. He also does small scale farming as another source of income. John intends to purchase more sewing machines for his business with this loan.

His hopes and dreams are to open a big clothing shop and stock a variety of materials which can attract more buyers. He describes himself as a hardworking business man.

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 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

Ursula
Coventry, Warwickshire
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Heike
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Jonas
Stockholm, Stockholm
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Jim
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James McGovern
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Andrew
Toronto, Ontario
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One Million Dollar Team
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Nikos
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Judith
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Paul
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Lilly
Washington, DC
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Karen
dallas, TX
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Bruce
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FASHION PIG
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Melissa
Gladstone Park, Victoria
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Heather
Renton, WA
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Pat
HOUSTON, TX
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Nigel
Richmond, Surrey
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howard and maureen
pinole, CA
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Annekathrin Axel Tamino
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Kara
Redwood City, CA
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Ben
London, London
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Anonymous
saint louis, MO
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Kevin & Tanya
Strathmore, Alberta
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Diane
Edmonton, Alberta
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Simon
London, London
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Donna and Nyonnoweh
Sacramento, CA
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Ryan
Grand Rapids, MI
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Eileen
St Kilda, Victoria
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Journal entries for John Mwangi Kagucia


Loan has been disbursed
 
Entrepreneur: John Mwangi Kagucia
Location: Gatundu, Kenya

Thank you for your loan. It has been disbursed to John Mwangi Kagucia 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 Gatundu, Kenya
Nov 1, 2009
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Kiva Help Repayment Schedule for John Mwangi Kagucia

  Expected Repayments Actual Repayments Comments
June 2010 $1,075.00 Available Jun 1