Gabriel Mambo Gitau


Status: Paying Back

$1,075.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Gabriel Mambo Gitau
Location: Gatundu, Kenya
Activity: Taxi

About the Loan

Loan Amount: $1,075.00
Loan Use: To buy a car for his taxi 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 22, 2009
Date Funded:Nov 4, 2009

About the Country

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



Gabriel is 52 years old and is married to Elizabeth. They are blessed with five daughters and one son.

Gabriel was introduced to Kiva partner KADET through an existing client. He is applying for his first loan with KADET.

Gabriel has been operating a transport business as a taxi driver for the past two years. He wants to use this loan to purchase a car for his business. He also earns extra income from his rental houses.

Gabriel’s hope and dream is to purchase more cars for renting. He describes himself as an ambitious and a visionary businessman.


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 Gabriel Mambo Gitau


Loan has been disbursed
 
Entrepreneur: Gabriel Mambo Gitau
Location: Gatundu, Kenya

Thank you for your loan. It has been disbursed to Gabriel Mambo Gitau 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 5, 2009
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Kiva Help Repayment Schedule for Gabriel Mambo Gitau

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