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Patrick

Update on Patrick

Patrick is a married man. He has 5 children. He describes himself to be jovial, responsible and committed. He operates a grocery store where he sells fruits such as bananas, mangoes, oranges, etc. He has been involved in this business for 3 years. His business is located near a busy road and his primary customers are residents. He describes his biggest business challenge to be the lack of a permanent place for an area of operation. He will use the Kes 15,000 loan to buy more fruits and vegetables for selling. Patrick's dream and business goal is to be a supplier.

Previous Loan Details

Patrick K. is a married man. His wife stays at home to take care of the household chores. They have four grown up children. Patrick's business is located at Kongowea market in Mombasa, Kenya. Mombasa is the coastal region of Kenya and is well known for its many many tourist attraction sites inclu... More from Patrick's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kenya

  • $1,800
    Average annual income
  • 960
    View loans »
    Kenya Loans Fundraising
  • $41,127,175
    Funds lent in using Kiva
  • 82.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Patrick to buy more vegetables and fruits.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Mar 12, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Patrick. It was first posted on Kiva on Mar, 2011. Learn More