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Gilbert Kipkoech
Kipkoech is a student at Strathmore. This is his story.
My name is Kipkoech from Kericho, the tea growing part of Kenya. I come from a needy family of seven children and the born the second in the family. My father works as a security guard at a local firm in the village while my mother Is a small scale farmer who grows mainly subsistence crops for family use. My father has a residential house where we have all grown as a family.
I recently got an admission letter from Strathmore University for a degree in Bachelor of Commerce. To me this is a wonderful opportunity which is only a dream due to the financial problems of my family. My parents however are not in a position to support me through the course, this has made me to pass through a lot of challenges in my education. However, when I learned about KIVA, I knew this was an opportunity to make my dream come true. I received an admission letter to join Strathmore university and I believe that KIVA loan will offer me a financial assistance that will help me go through my education. After I complete my education I will also join hand with KIVA loan to help other needy students who are financially challenged. I totally commit myself to paying back the loans for the full assistance of other needy students and for the better of the organization.

Additional Information

Important Information

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

Strathmore University is one of the leading private chartered universities in Kenya, and is a privately owned, not for profit institution. Originally established in 1961 as an Advanced-level Sixth Form College with inspiration and encouragement from Saint Josemaria Escriva, founder of Opus Dei, Strathmore University started offering degrees in 2002 before becoming fully chartered in 2008.

Strathmore University is a non-traditional Field Partner, in that they are an educational institution, not a microfinance institution. Lenders to these loans should be aware of the following:

1 - You might not begin to receive repayments on this loan for many years, and this loan may have terms as long as 11 years. The full-tuition loans administered by Strathmore University can have loan terms of up to 11 years, which includes a grace period of up to 5 years. The grace period includes the time during which the student is enrolled at the university, and the first year after graduation. During the grace period, the borrower is not required to make any repayments, and you would not receive any repayments. Please be sure the loan terms and repayment schedule of this loan suit you.

2 - Administering loans is a new activity for Strathmore University, which can increase the risk on this loan. While most Kiva Field Partners are microfinance institutions and therefore experienced at administering loans, Strathmore University's core business is providing education, and they are inexperienced at administering loans. This partner has passed Kiva's due diligence requirements for a non-traditional Field Partner, however lenders to this loan should be aware that this loan carries some additional risk as Strathmore University becomes more experienced with administering loans to students.

For more information on Strathmore University, and the Kiva loans they are administering, please visit the Field Partner page.


About Kenya

  • $1,800
    Average annual income
  • 481
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $11,650 helped Gilbert Kipkoech to pay tuition fees for an undergraduate degree in Bachelor of Commerce at Strathmore University.
0% repaid
Repayment Term
121 months (Additional Information)
Repayment Schedule
Jul 1, 2013
Jun 20, 2013
Currency Exchange Loss: