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Philip
Philip is a 27-year-old hard-working gentleman, married to Ann and a father of two. He has been employed in the motorcycle transport business for the last three years earning a monthly income of about KES 30,000. He learned about VisionFund Kenya from some of his colleagues who are funded by the organization.

Philip has acquired his first loan of KES 87,880 which will enable him to purchase his own motorbike. He will be able to earn more due to the increased flexibility and already established customer base.

Philip plans to use the proceeds to repay his loan as well as boost his savings account. He hopes to buy another motorcycle from his accumulated savings. He is an industrious gentleman who is determined to achieve his goals and improve the living standards of his family.

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
  • 924
    View loans »
    Kenya Loans Fundraising
  • $41,686,525
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Philip to purchase a motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015