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Philip
Philip has been running his retail shop in Naivasha town for the last five years. He is 32-years old, married to Rahab Njeri and has two school-attending children.

He was introduced to KADET by a friend and this will be his first loan. He plans to buy more retail goods, specifically household items, to sell in his retail shop. He is requesting a loan of $350 to expand his business. In the future, he plans to open a wholesale shop.

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

Additional Information

About VisionFund Kenya

VisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.

About Kenya

  • $1,800
    Average annual income
  • 875
    View loans »
    Kenya Loans Fundraising
  • $41,662,150
    Funds lent in using Kiva
  • 75.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Philip to buy more household goods for a retail shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2009
Listed
Oct 28, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010