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Philip
Philip is 28 years old, married, and blessed with three children who are 8, 4, and 2 years old. He is a farmer, and he brings his farm produce to the nearby markets for sale. He has been in operation for a period of over four years, earning an income of KES 40,000.

He is taking his third loan of KES 73,000 from KADET LTD, after having repaid the previous loan successfully. He intends to use this amount to purchase more fresh maize from other local farmers, for resale.

He will use the profits he earns to repay the loan and to plow back into his business. He hopes to prosper in business and be financially stable.

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
  • 932
    View loans »
    Kenya Loans Fundraising
  • $41,730,500
    Funds lent in using Kiva
  • 86.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Philip to purchase fresh maize from other local farmers, for resale at the nearby markets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014