Minnie Waruiru Macharia


Status: Paying Back

$675.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Minnie Waruiru Macharia
Location: Kenol-muranga, Kenya
Activity: Retail

About the Loan

Loan Amount: $675.00
Loan Use: To purchase foodstuffs and goods for resale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 3, 2009
Date Disbursed: Nov 2, 2009
Date Funded:Nov 4, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.5000 KES = 1 USD



Minnie Waruiru is a 34 year old single mother. She has three daughters named Mary, Penninah (13 years) and Esther (two years old). She has been operating a general retail shop for the past four years. Minnie was introduced to KADET by a credit officer who was doing marketing outreach. She has previously accessed two loans which she repaid on time. She is now applying for her third loan which she is planning to use to add stock, such as foodstuffs and other goods, in her shop in time for the festive Christmas season. Minnie plans to build her own house on her own farm with the extra profit generated from the business. Her hopes and dreams are to open a supermarket. Minnie describes herself as a hardworking lady and a humble people person.


About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower 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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Journal entries for Minnie Waruiru Macharia


Loan has been disbursed
 
Entrepreneur: Minnie Waruiru Macharia
Location: Kenol-muranga, Kenya

Thank you for your loan. It has been disbursed to Minnie Waruiru Macharia 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 Kenol-muranga, Kenya
Nov 5, 2009
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Kiva Help Repayment Schedule for Minnie Waruiru Macharia

  Expected Repayments Actual Repayments Comments
February 2010 $56.25 Available Feb 1  
March 2010 $56.26 Available Mar 1  
April 2010 $56.25 Available Apr 1  
May 2010 $56.26 Available May 1  
June 2010 $56.25 Available Jun 1  
July 2010 $56.26 Available Jul 1  
August 2010 $56.25 Available Aug 1  
September 2010 $56.26 Available Sep 1  
October 2010 $56.25 Available Oct 1  
November 2010 $56.26 Available Nov 1  
December 2010 $56.25 Available Dec 1  
January 2011 $56.20 Available Jan 1