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Patrick
Patrick is a hardworking businessman who is 54 years old. He is married and blessed with 4 children who are still in school. For the last 3 years, he has been operating a motorbike transport business to earn a living. He also engages in dairy farming and selling timber to earn more income. In the next 5 years, he wants to buy a van. He is requesting a loan of 80,000 Kenyan shillings to buy a power saw for his timer selling business.

Additional Information

About Faulu Kenya

Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.

About Kenya

  • $1,800
    Average annual income
  • 940
    View loans »
    Kenya Loans Fundraising
  • $41,036,925
    Funds lent in using Kiva
  • 101.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Patrick to buy a power saw for his timber selling business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013