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Patrick
Patrick is 38 years old, married with three children aged 2, 11, and 16. He repairs motor vehicles and sells car radiators. He has been in the business for 17 years and has employed one person. He describes his business environment has good because of limited competition. Since he joined Faulu Kenya he has been able to expand his business. He hopes to expand his business to wholesale in the future. He has applied for 80,000 Kenya Shillings to buy second-hand radiators.

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
  • 973
    View loans »
    Kenya Loans Fundraising
  • $43,091,150
    Funds lent in using Kiva
  • 86.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Patrick to buy second-hand radiators.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 10, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2012