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Peter
Peter T. is a 35 year-old single, hardworking gentleman. He has been operating a mobile phone service, locally known as M-PESA. He also sells phone accessories to his customers, who are mostly the residents of Kahawa Wendani, where he lives.

He has been in this business for three years and earns a profit of KES.10,000 per month. He is applying for his third loan, which he plans to use to increase his M-PESA float so that he can serve his customers well. He repaid the previous loans well and in good time.

The anticipated profits he will plow back into the business

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
  • 881
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 84.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Peter to increase the M-PESA float(money transfer service).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2011
Listed
Apr 15, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012