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Patrick
Patrick is 59 years old, married, and has three children. He runs a shop to earn a living. Besides that, he has a tailoring business which his wife helps in running. He also does farming for more income generation. Through Faulu Kenya, he has learnt how to save his money. This has helped him to invest in his businesses.

Patrick hopes to grow his retail shop to wholesale in the future. He has requested a loan of 20,000 Kenya shillings to buy rice, maize flour and sugar.

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
  • 443
    View loans »
    Kenya Loans Fundraising
  • $38,313,825
    Funds lent in using Kiva
  • 87.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Patrick to buy sugar, maize flour and rice.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012