Francis Njenga


Status: Paying Back

$150.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Francis Njenga
Location: Shanzu, Mombasa, Kenya
Activity: Tailoring

About the Loan

Loan Amount: $150.00
Loan Use: To purchase materials like thread and fabric for his tailoring business.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 4, 2009
Date Disbursed: Oct 8, 2009
Date Funded:Nov 4, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.2500 KES = 1 USD



Francis Njenga is 43 years old and the husband of Elizabeth Kabura. They are blessed with four children. Francis works as a tailor in Shanzu, Mombasa and has been in the business for 9 years. He rents his workroom on a monthly basis. Most of his clients are residents of the area where his shop is located.

Francis heard about KADET through an existing client and he is now requesting his first loan, in the amount of 10,000 Kenyan shillings (KES). He will use the loan to purchase materials like thread and fabric for his tailoring business. In the future Francis hopes to establish his own shop instead of using the rented space.

About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to the economic empowerment of their clients across Kenya by providing financial services to improve living conditions for the micro-entrepreneurs and their children. KADET is the microfinance subsidiary of World Vision Kenya. You can obtain more information on KADET from their website: www.kadet.co.ke


Subscribe

Lenders to this entrepreneur

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Susan
Sacramento, CA
United States

Peter
Culver City, CA
United States

Poverty2Prosperity
San Francisco Bay Area, CA
United States

Sam
Alexandria, VA
United States



Top Lending Teams for this entrepreneur


Team PBS
Common Interest
18 Members

Cooper Union
Colleges/Universities
19 Members

Poverty2Prosperity.org - Poverty-Escape
Businesses
1667 Members

Journal entries for Francis Njenga


Loan has been disbursed
 
Entrepreneur: Francis Njenga
Location: Shanzu, Mombasa, Kenya

Thank you for your loan. It has been disbursed to Francis Njenga 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 6 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 Shanzu, Mombasa, Kenya
Nov 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Francis Njenga

  Expected Repayments Actual Repayments Comments
January 2010 $25.01 Available Jan 1  
February 2010 $25.00 Available Feb 1  
March 2010 $25.01 Available Mar 1  
April 2010 $25.00 Available Apr 1  
May 2010 $25.01 Available May 1  
June 2010 $24.97 Available Jun 1