Robert Kiringu


Status: Paid Back

$775.00   Loan Request
$775.00   Paid Back

About the Entrepreneur

Name: Robert Kiringu
Location: Nairobi City Centre, Kenya
Activity: Secretarial Services

About the Loan

Loan Amount: $775.00
Loan Use: To purchase a photocopier machine
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 23, 2007
Date Disbursed: Nov 6, 2007
Date Funded:Oct 23, 2007
Loan Ended:Dec 15, 2008

About the Country

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



Robert is a 25-year-old single, hardworking man who is paying school fees for his two younger sisters, who are now his responsibility. One is doing her ‘O’ level exams this year and the other is enrolled at a college in Nairobi known as K.C.C.T. Apart from his two sisters, his aging diabetic mother also depends on him in taking care of her medical needs.

Robert started saving money when he was still employed as a clerk at the Metropolitan Hospital in the city of Nairobi. This was in the year 2005; through hard work, sacrifice, and determination, Robert managed to save Ksh 200,000 (USD 3075). With this money he bought two computers, a printer and a scanner; with the remaining money, he rented a stall in the heart of the town centre. He then started operating his computer bureau business in the year 2006, where he provides services in processing documents. Robert is always busy due to the location of his business, and he has managed to attract a large clientele.

In recent times, he has had an increase in the number of customers who need to get photocopies of documents. Unfortunately, Robert has been unable to fulfill their needs, since he lacks a photocopying machine. Robert is therefore kindly requesting a loan of USD 775 so that he can purchase a photocopier. This will greatly boost his business since he will be able to provide photocopying services to his clients who are in great need of this service. Robert intends to repay the loan within a period of 12 months.


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Journal entries for Robert Kiringu


Loan has been disbursed
 
Entrepreneur: Robert Kiringu
Location: Nairobi City Centre, Kenya

Thank you for your loan. It has been disbursed to Robert Kiringu by Action Now: Kenya in Kenya. We are excited to watch this business grow. Over the next 12 - 18 months, Action Now: Kenya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Irene Kamau from Nairobi City Centre, Kenya
Nov 16, 2007
Comment on this entry

Staying open
 
Entrepreneur: Robert Kiringu
Location: Nairobi City Centre, Kenya

In the wake of the widespread post-election unrest in Kenya, Robert's business is safe. He is, however, being hurt by the frequent closings of businesses due to the continuing instability.


Posted by Agnes Mutuku from Nairobi City Centre, Kenya
Feb 13, 2008
Comments (3)

Still in the struggle.
 
Entrepreneur: Robert Kiringu
Location: Nairobi City Centre, Kenya

Robert received his loan and purchased a photocopier machine which has really helped him in his daily services to customers. Although his business was not affected directly by the post election violence, he recorded a low turnout of customers, which affected his income.

On behalf of ANK staff.


Posted by Wilberforce Mulindi from Nairobi City Centre, Kenya
Jan 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Robert Kiringu

  Expected Repayments Actual Repayments Comments
February 2008 $64.58 $65.00 Repayment Received
March 2008 $64.58 $65.00 Repayment Received
April 2008 $64.58 $65.00 Repayment Received
May 2008 $64.58 $65.00 Repayment Received
June 2008 $64.58 $65.00 Repayment Received
July 2008 $64.58 $65.00 Repayment Received
August 2008 $64.58 $65.00 Repayment Received
September 2008 $64.58 $65.00 Repayment Received
October 2008 $64.58 $65.00 Repayment Received
November 2008 $64.58 $65.00 Repayment Received
December 2008 $64.58 $65.00 Repayment Received
January 2009 $64.62 $60.00 Repayment Received