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Philip
Philip is thirty-three years old, married, and supports a family of three. He is a mobile phone technician, and has been doing phone repairs for the last eight years. His monthly income is KES 35,000.

He has applied for his third loan of KES 60,000 from KADET Ltd. He intends to use the loan to purchase more phones and their accessories so that he can do repairs for his growing client base.

This will boost his sales and income. The anticipated profits will be used to support his services to run smoothly. His future dreams is to improve his family's living standards.

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
  • 748
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 85.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Philip to purchase new phones and accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
May 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013