Nelson Mwololo


Status: Paying Back

$400.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Nelson Mwololo
Location: Shanzu, Mombasa, Kenya
Activity: Cafe

About the Loan

Loan Amount: $400.00
Loan Use: To refurbish his stall (buy furniture) and to also purchase meat stock to serve to customers
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 4, 2009
Date Disbursed: Oct 23, 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



Nelson Maundu is a 35 year old married father of two children. Nelson and his family live in Shanzu, Mombasa and he runs a food stall in the same area. He has been selling food for 3 year now.

Nelson is currently accessing his first loan from KADET. With the money he plans to refurbish his stall by buying new furniture and to improve his cooking by purchasing meat stock. His main clients are casual workers in the area who enjoy his services.

Nelson hopes to improve the condition of his working premises and run a bigger hotel (cafe) in Shanzu one day.

About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower her 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

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

Caro & Mitch
Bloomfield Hills, MI
United States

Margaret
Worthington, MN
United States

Hyla
Black Point, New Brunswick
Canada

Anonymous

Eric
San Diego, Ca
United States

Michael
Kansas City, MO
United States

Terry
KivaFriends.org , St. Louis, MO
United States

Rachel
Brisbane, Queensland
Australia

Darrin
Grande Prairie, Alberta
Canada

Dennis
Sammamish, WA
United States



Top Lending Teams for this entrepreneur


Stanford University
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Gustavus Adolphus College Alumni
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6 Members

Cooper Union
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Australia
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1495 Members

Journal entries for Nelson Mwololo


Loan has been disbursed
 
Entrepreneur: Nelson Mwololo
Location: Shanzu, Mombasa, Kenya

Thank you for your loan. It has been disbursed to Nelson Mwololo 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
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Kiva Help Repayment Schedule for Nelson Mwololo

  Expected Repayments Actual Repayments Comments
January 2010 $66.67 Available Jan 1  
February 2010 $66.66 Available Feb 1  
March 2010 $66.67 Available Mar 1  
April 2010 $66.67 Available Apr 1  
May 2010 $66.66 Available May 1  
June 2010 $66.67 Available Jun 1