Peter Mburu Kamau


Status: Paying Back

$550.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Peter Mburu Kamau
Location: Kangemi, Nairobi, Kenya
Activity: Shoe Sales

About the Loan

Loan Amount: $550.00
Loan Use: To buy more second hand shoes to sell
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 30, 2009
Date Disbursed: Oct 5, 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



Peter Kamau is 37 years old and married with two children. He buys second-hand shoes to resell in the Kangemi market. He has been in the business for about nine years and makes a profit of about 30000 Kenya shillings a month.


He was introduced to KADET by a friend and has never borrowed from another MFI before. He wants to buy a stock of second-hand shoes in order to meet the demand of his customers. He hopes to increase and expand his business to have several stalls in the estate.


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

Ingo und Reinhild
Petershagen,
Germany

hugh
loughton, Essex
United Kingdom

Team PSI
Beaverton, OR
United States

Chris
Marietta, GA
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Bonnie
Roswell, GA
United States

Christoph
Wien,
Austria

Marina
Cambridge, MA
United States

Ray

Pradeep

United States

Jaime and Casey
Charlotte, NC
United States

Maggie
Portland, OR
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Lux Family
Calgary, Alberta
Canada

Justin
ottawa, Ontario
Canada

Christopher
North Port, FL
United States

Anonymous
Minneapolis, MN
United States

Curtis
Carlsbad, CA
United States

Anonymous



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Journal entries for Peter Mburu Kamau


Loan has been disbursed
 
Entrepreneur: Peter Mburu Kamau
Location: Kangemi, Nairobi, Kenya

Thank you for your loan. It has been disbursed to Peter Mburu Kamau 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 12 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 Kangemi, Nairobi, Kenya
Nov 1, 2009
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Kiva Help Repayment Schedule for Peter Mburu Kamau

  Expected Repayments Actual Repayments Comments
January 2010 $45.84 Available Jan 1  
February 2010 $45.85 Available Feb 1  
March 2010 $45.84 Available Mar 1  
April 2010 $45.84 Available Apr 1  
May 2010 $45.84 Available May 1  
June 2010 $45.85 Available Jun 1  
July 2010 $45.84 Available Jul 1  
August 2010 $45.84 Available Aug 1  
September 2010 $45.84 Available Sep 1  
October 2010 $45.85 Available Oct 1  
November 2010 $45.84 Available Nov 1  
December 2010 $45.73 Available Dec 1