John Awuor


Status: Paying Back

$275.00   Loan Amount
0% repaid

About the Entrepreneur

Name: John Awuor
Location: Kariokor Nairobi, Kenya
Activity: Spare Parts

About the Loan

Loan Amount: $275.00
Loan Use: Add supplies of spare parts
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 29, 2009
Date Disbursed: Oct 29, 2009
Date Funded:Oct 30, 2009

About the Country

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



John is a 32 year old businessman who runs a vehicle spares shop in the Kariokor area of Nairobi. He also offers vehicle mechanic services. John has been in this business since 2002. He is requesting for a loan of Kes. 20,000 to add to his stock of spare parts for sale. He describes himself as hardworking and committed and hopes to be a successful business person one day. He says that he has learned business management skills since joining Faulu Kenya Ltd.

Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.



Important Information About This Loan
Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.

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Journal entries for John Awuor


Loan has been disbursed
 
Entrepreneur: John Awuor
Location: Kariokor Nairobi, Kenya

Thank you for your loan. It has been disbursed to John Awuor by Faulu Kenya in Kenya. We are excited to watch this business grow. Over the 6 months of this loan, Faulu Kenya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kariokor Nairobi, Kenya
Oct 31, 2009
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Kiva Help Repayment Schedule for John Awuor

  Expected Repayments Actual Repayments Comments
February 2010 $52.88 Available Feb 1  
March 2010 $42.31 Available Mar 1  
April 2010 $42.31 Available Apr 1  
May 2010 $42.31 Available May 1  
June 2010 $52.88 Available Jun 1  
July 2010 $42.31 Available Jul 1