Michael Otieno Onyango
Status: Paying Back
| $1,075.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
| Name: | Michael Otieno Onyango |
|---|---|
| Location: | Ngomongo, Kenya |
| Activity: | Tailoring |
About the Loan
| Loan Amount: | $1,075.00 |
|---|---|
| Loan Use: | To purchase fabric for his business and pay school fees for his children |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 29, 2009 |
| Date Disbursed: | Oct 22, 2009 |
| Date Funded: | Oct 30, 2009 |
About the Field Partner
About the Field Partner
About the Country
| Country: | Kenya |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 75.3500 KES = 1 USD |
Michael Otieno is 40 years old and married with six children. He owns a tailoring business, where he sells mostly dresses. Michael Otieno has expanded his business over the years and employs other individuals in his shop. He is on his third loan cycle with KADET and will use this loan to purchase more fabric and to pay school fees for his children.
Michael Otieno operates his business in an urban slum area. Most of his clients are very low-income earners.
One day, he hopes to venture into the real estate business. He has already acquired a plot of land, but currently lacks the capital to develop it.
About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower her 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
Michael Otieno operates his business in an urban slum area. Most of his clients are very low-income earners.
One day, he hopes to venture into the real estate business. He has already acquired a plot of land, but currently lacks the capital to develop it.
About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower her 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
Subscribe
Lenders to this entrepreneur
Daniel
Lake Forest, IL
United States
Jonathan
San Francisco, CA
United States
Elizabeth
Mission Viejo, CA
United States
Kim
Washington, DC
United States
Will
Houston, TX
United States
mohammad
santa barbara, CA
United States
Janna
Austin, TX
United States
Anonymous
Huma
Fresno, CA
United States
smriti
Edmonton, Alberta
Canada
Mesa
Colorado Springs, CO
United States
Virginia
Tyngsborough, MA
United States
David
Melbourne, Victoria
Australia
The Aldea Fund
Encino, CA
United States
Davidson
Davidson, NC
United States
Jessica
Fairbanks, AK
United States
Bosi
Berlin, KivaFriends.org
Germany
STARSCAPES.COM / VOYAGER
Reno, NV
United States
Holly
New York, NY
United States
Top Lending Teams for this entrepreneur
Journal entries for Michael Otieno Onyango
|
Loan has been disbursed
Location: Ngomongo, Kenya
|
|
|
Posted by
from Ngomongo, Kenya
Oct 31, 2009 |
|
|
Comment on this entry
|
|
Repayment Schedule for Michael Otieno Onyango
Repayment Schedule for Michael Otieno Onyango
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $179.18 | Available Jan 1 | |||
| February 2010 | $179.17 | Available Feb 1 | |||
| March 2010 | $179.18 | Available Mar 1 | |||
| April 2010 | $179.17 | Available Apr 1 | |||
| May 2010 | $179.18 | Available May 1 | |||
| June 2010 | $179.12 | Available Jun 1 | |||
| 
