Martin Nderi Ng’ang’a


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Martin Nderi Ng’ang’a
Location: Ruai, Nairobi, Kenya
Activity: Carpentry

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase a Plainer machine, a motor and a portable shed
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 19, 2007
Date Disbursed: Oct 4, 2007
Date Funded:Sep 20, 2007
Loan Ended:Aug 16, 2008

About the Country

Country:Kenya
Avg Annual Income:$1,445.00
Currency:United States Dollars (USD)



Martin Nderi Ng’ang’a is 39 years old. He is married and has one child. Martin started his business in the year 2003. This was after selling out his fruit-selling stall in Githurai town, in the outskirts of Nairobi. Martin made the decision to sell his fruit stall due to the huge losses he had because fruit is perishable.

Martin decided to venture into the furniture business because he had skills in this area after training in carpentry in the year 2002 at Christian Industrial Training Centre in Nairobi; hence he had confidence that he had all the skills needed.

In the year 2003 Martin purchased a second-hand plainer machine worth Ksh 28,000 (US$ 430). This machine was to help him with cutting and shaping the wood. He has been using the machine ever since, though it is prone to breaking down often, due to wear and tear, and this slows down his work.



Recently Martin got a contract to supply furniture to one of the major hotels in the city by the name of Kikwetu Hotel. This was due to the fact that Martin had earlier supplied the hotel with some beds, which were of high quality and had a one-year warranty. The contract he got recently is to supply the hotel with high quality chairs, beds, and tables. Though Martin is happy he got the contract, he is a very worried man because he may not be able to beat the deadline to supply said furniture, due to the persistent breakdown of his plainer machine. Martin is therefore requesting a loan of US$ 1,200.



With this loan Martin will be able to purchase a new plainer machine and a portable tent, which will truly help him beat the deadline of the awarded contract. This will translate into more income and he will be able to employ two people full time who are currently working for him on casual basis, therefore creating employment for the two. The repayment period for this loan will be 10 months.


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Lenders to this entrepreneur

Manuel & Elizabeth
Moab, UT
United States

Arlene
Washington, DC
United States

Ramin and Erin
Boulder Creek, CA
United States

Roy and Lou Anne
Windsor, CO
United States

Christy and Rick
Sacramento, CA
United States

Mark Agwonah Memorial
Kivafriends worldwide!,

Kay
Columbia, MD KivaFriends.org
United States

Aaron
Los Angeles, CA
United States

MotivatePeople
Nitra, Slovakia
Slovakia

pj
Arnhem, Gelderland
Netherlands

Nick
Newtown, PA
United States

Jessica
Allenstown, NH
United States

Fred
Montclair, NJ
Belgium

James
Edinburgh, Edinburgh City
United Kingdom

Anonymous
London, London
United Kingdom

Melanie, Justin and Sam
Providence, RI
United States

Robin
Olsfors,
Sweden

Ann Christin + Andreas
Essen,
Germany

Trace
Solana Beach, CA
United States

Brandee
Miami, FL
United States

Steven
Morrisonville, NY
United States

Ivo
Versoix,
Switzerland

Lisa
Hanover, MD
United States

Margaret kivafriends.org
Fairfield County, Connecticut
United States

Julie & David
Elkhorn, NE
United States

Peter
Mumbai, Maharashtra
India

William
Birmingham,
United Kingdom

Gary
Altadena, CA
United States

Lisa
Cherry Hill, NJ
United States

Allison
Woburn, MA
United States

James
Arlington, VA
United States

Justin & Brandy
Atlanta, GA
United States

Kate, Jim, & Emma
Wayne, PA
United States

John
Everett, WA
United States

Jack
Norcross, Georgia
United States

Matt
Maple Grove, Minnesota
United States

Anonymous
Long Beach, CA
United States

Petro
Budapest,
Hungary

Francois
Paris,
France

Celeste
Austin, TX
United States

Arnaud
Paris,
France

Richard
Louisville, KY
United States

Doug and Kathy
Scottsdale, AZ
United States

marie max
Montreal, Quebec
Canada



Journal entries for Martin Nderi Ng’ang’a


Loan has been disbursed
 
Entrepreneur: Martin Nderi Ng’ang’a
Location: Ruai, Nairobi, Kenya

Thank you for your loan. It has been disbursed to Martin Nderi Ng’ang’a by Action Now: Kenya in Kenya. We are excited to watch this business grow. Over the next 10 - 16 months, Action Now: Kenya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Irene Kamau from Ruai, Nairobi, Kenya
Oct 16, 2007
Comment on this entry

Thank You!
 
Entrepreneur: Martin Nderi Ng’ang’a
Location: Ruai, Nairobi, Kenya

Martin Nderi got his kiva loan in month of October ,with this loan he purchA sed a Plainer machine ,a portable tent among other equipment,with this equipment Martin was able to deliver the furnitures which he had been contracted to supply,due to the high quality of his finished products Martin is getting more clients.,Martin made his first loan repayment in the month of November,to this Martin is saying a BIGthank to all his kiva lenders and he is wishing them MERRY X-MAS AND A PROSPEROUS 2008!


Posted by Agnes Mutuku from Ruai, Nairobi, Kenya
Dec 11, 2007
Comments (4)

Riding out the unrest
 
Entrepreneur: Martin Nderi Ng’ang’a
Location: Ruai, Nairobi, Kenya

Although Martin's business has stayed untouched during the post-election rioting, business is hurting since most of his neighbors and customers have re-located. He's hopeful he will be able to resume his business soon in a peaceful environment. He remains optimistic that peace will prevail.


Posted by Agnes Mutuku from Ruai, Nairobi, Kenya
Feb 7, 2008
Comments (4)

Situation Improving
 
Entrepreneur: Martin Nderi Ng’ang’a
Location: Ruai, Nairobi, Kenya

I paid a visit to Martin Nderis business on 27/3/08,and i found martin busy and serving numerious customers ,when i asked him how he was fairing businesswise, he told me that as far as business was concerned things were improving due to the peace that has returned to our beloved country.Martin told me that as for nowhe will be making his repayment of loan on the agreed date.On my way out he told me to thank all kiva lenders and to tell them to keep the good work they are doing and God will Bless them abundantly.


Posted by Agnes Mutuku from Ruai, Nairobi, Kenya
Apr 4, 2008
Comments (3)

Doing fine!
 
Entrepreneur: Martin Nderi Ng’ang’a
Location: Ruai, Nairobi, Kenya

Though we found him attending to his many customers, Martin found some time to talk to us. He told us that his business was doing very well, and that he was not only enjoying his business but was reaping good profits as well. He is one of our most trusted clients, who makes his loan payments on time.


Posted by Agnes Mutuku from Ruai, Nairobi, Kenya
Sep 22, 2008
Comment on this entry

Bear with us!
 
Entrepreneur: Martin Nderi Ng’ang’a
Location: Ruai, Nairobi, Kenya

Contrary to what was posted on Feb 7 2008, ANK had a one on one meeting with Martin recently and we learnt that Martin's business was looted and set a blaze due to the post election violence. He has since opened a cyber -cafe with his wife Marietta Nzisa who is also an ANK client.

On behalf of ANK staff.


Posted by Esther Kantai from Ruai, Nairobi, Kenya
Jan 30, 2009
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Kiva Help Repayment Schedule for Martin Nderi Ng’ang’a

  Expected Repayments Actual Repayments Comments
January 2008 $120.00 $120.00 Repayment Received
February 2008 $120.00 $120.00 Repayment Received
March 2008 $120.00 $120.00 Repayment Received
April 2008 $120.00 $120.00 Repayment Received
May 2008 $120.00 $120.00 Repayment Received
June 2008 $120.00 $120.00 Repayment Received
July 2008 $120.00 $120.00 Repayment Received
August 2008 $120.00 $120.00 Repayment Received
September 2008 $120.00 $120.00 Repayment Received
October 2008 $120.00 $120.00 Repayment Received