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Philip
Philip is 66 years old and a business man. He is married to Elizabeth, a mixed crop farmer. They are blessed with two adult children. He has been running an agro vet business for the past six years, earning a monthly income of 30,000 KES, which he uses to support his family.

He is applying for his fifth loan from KADET LTD, after repaying the previous loans successfully. Philip will use the new loan to buy more stocks of seedlings and agro chemicals to resell.

With the anticipated profit from the business he will educate his children and invest in farming. His hopes and dreams are to expand his business and be a leading agro vet outlet in Matuu Town, in the eastern part of Kenya.

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
  • 979
    View loans »
    Kenya Loans Fundraising
  • $41,774,600
    Funds lent in using Kiva
  • 85.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Philip to buy seedlings and agro chemicals to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 30, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013