David Onyango Omondi


Status: Paying Back

$1,075.00   Loan Amount
0% repaid

About the Entrepreneur

Name: David Onyango Omondi
Location: Kisumu, Kenya
Activity: General Store

About the Loan

Loan Amount: $1,075.00
Loan Use: To purchase stock for his general retail shop, including dairy products
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 30, 2009
Date Disbursed: Oct 23, 2009
Date Funded:Nov 3, 2009

About the Country

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



David Onyango is 27 years old. He operates a general retail shop in Manyatta, a low-cost settlement area in the outskirts of Kisumu city. He has been in this business for the last three years.

This is David's third loan from KADET Ltd., a Kiva partner. He will use these funds to purchase more stock for his shop and to diversify into a number of items that he has not stocked before, like dairy products.

He aspires to purchase a plot of land and develop it, with an ultimate aim to move the business there.

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 micro-finance 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

Katherine
Chicago, IL
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Pranab

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Samuel and Janice
Longmont, c0
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Prasanth
state college, PA
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Antonio J.
Novelda, Alicante
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Ben
London, London
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Hassie
New York, NY
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Michele
agoura Hills, CA
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Kathy
Arlington, TX
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Anonymous
Dexter, Michigan
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Lena
Trollhättan, Sweden
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Pradeep

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Eric and Sarah
Brooklyn, NY
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Brenda
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Adam
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Sanjeev
Monroe, NJ
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Jessica
Milwaukee, WI
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Ben and Anna
Washington, DC
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David
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Toyohiro
Tokyo
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Stefan
Odense,
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Wim
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Donna
FAIRFIELD, CA
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Jeff
Sherman Oaks, CA
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Chris
Cambridge, Cambridgeshire
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Karyn & Darren
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maurizio
San Francisco, CA
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Jeff and Gilberto
San Francisco, CA
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Brandeis
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Stacey
Germantown, MD
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Arian
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Lou Dagen
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Armand and Katie
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Journal entries for David Onyango Omondi


Loan has been disbursed
 
Entrepreneur: David Onyango Omondi
Location: Kisumu, Kenya

Thank you for your loan. It has been disbursed to David Onyango Omondi 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 Kisumu, Kenya
Nov 4, 2009
Comment on this entry

Kiva Help Repayment Schedule for David Onyango Omondi

  Expected Repayments Actual Repayments Comments
January 2010 $89.59 Available Jan 1  
February 2010 $89.59 Available Feb 1  
March 2010 $89.58 Available Mar 1  
April 2010 $89.59 Available Apr 1  
May 2010 $89.59 Available May 1  
June 2010 $89.59 Available Jun 1  
July 2010 $89.58 Available Jul 1  
August 2010 $89.59 Available Aug 1  
September 2010 $89.59 Available Sep 1  
October 2010 $89.59 Available Oct 1  
November 2010 $89.59 Available Nov 1  
December 2010 $89.53 Available Dec 1