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Philip
Philip is 31 years old, married to Caroline. He operates M-pesa services [mobile-phone based money transfer services] in Makueni. He has been in this business for the last four years and makes an income of 50,000 Kenyan shillings (KES) per month.

Philip has a good credit history with KADET Ltd. He is applying for his third loan of 100,000 KES which he plans to use to increase his M-pesa float. He will save the anticipated profit for future family stability. He hopes to have a firm and a family that has full access to financial stability.

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
  • 964
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Philip to increase float of his M-pesa [mobile-phone based money transfer service].
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013