| $1,075.00 | Loan Amount |
|---|
| Name: | Francis Kamau Kariuki |
|---|---|
| Location: | Baba Ndogo, Nairobi, Kenya |
| Activity: | Personal Housing Expenses |
| Loan Amount: | $1,075.00 |
|---|---|
| Loan Use: | Buy materials and labor to expand his rental building. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible |
| Date Listed: | Oct 29, 2009 |
| Date Disbursed: | Oct 5, 2009 |
| Date Funded: | Oct 31, 2009 |
| Country: | Kenya |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 75.3500 KES = 1 USD |
Twenty one years ago, Francis purchased a plot of land and over the years he has developed his housing-rental business.
This is his 6th loan from KADET and with it he will buy materials (cement, sand, stones) and labor to expand his rental building.
Francis has recently diversified his income sources by expanding into farming (wheat, maize and beans). His next venture, he hopes, will be the transportation industry
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 living conditions of micro-entrepreneurs and their families across Kenya. KADET is the microfinance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke
About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

|
Loan has been disbursed
Location: Baba Ndogo, Nairobi, Kenya
|
|
|
Posted by
from Baba Ndogo, Nairobi, Kenya
Nov 1, 2009 |
|
|
Comment on this entry
|
|
| 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 | |||