Francis Njuguna Muniu


Status: Paying Back

$675.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Francis Njuguna Muniu
Location: Kapsabet, Kenya
Activity: Goods Distribution

About the Loan

Loan Amount: $675.00
Loan Use: To buy more bags of oranges and mangoes to sell to retailers
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 5, 2009
Date Disbursed: Oct 29, 2009
Date Funded:Nov 7, 2009

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:Kenya Shillings (KES)
Exchange Rate:75.1499 KES = 1 USD



Francis is a 35-year-old father of three children who are 10, 7 and 4 years old. He is married to Jane Wanjiru. All three children go to a primary school in Kapsabet town.

He was introduced to Kadet by a Kadet client and is happy to have joined Kadet. With this first loan, he plans to purchase more bags of oranges and mangoes to supply to an increasing number of retailers.

His business is located at the market in the town centre. He wishes to become a big supplier of oranges and mangoes in the town. With the profits, he wishes to educate his children and to buy a plot where he can build his own home.

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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knoxville, TN
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Patrick
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Ray

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Curt
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Gillian
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Michael
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Lukas
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Journal entries for Francis Njuguna Muniu


Loan has been disbursed
 
Entrepreneur: Francis Njuguna Muniu
Location: Kapsabet, Kenya

Thank you for your loan. It has been disbursed to Francis Njuguna Muniu 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 Kapsabet, Kenya
Nov 8, 2009
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Kiva Help Repayment Schedule for Francis Njuguna Muniu

  Expected Repayments Actual Repayments Comments
February 2010 $112.51 Available Feb 1  
March 2010 $112.51 Available Mar 1  
April 2010 $112.51 Available Apr 1  
May 2010 $112.51 Available May 1  
June 2010 $224.96 Available Jun 1