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Patrick
Patrick is 53 years old and married to Assanath, who contributes to the family income.They have four children, aged 19, 17, 15 and 12 years. Patrick has been buying paraffin at wholesale, and reselling it at retail price, for a period of about three years. He earns about KES. 37,800 per month from this activity.

He is taking his second loan in KADET LTD, after having successfully repaid the previous one. He wants to use the loan to buy an extra quantity of paraffin for sale.


He hopes to expand his business and improve his family's living standard.

Additional Information

About VisionFund Kenya

VisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.

About Kenya

  • $1,800
    Average annual income
  • 415
    View loans »
    Kenya Loans Fundraising
  • $38,141,300
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Patrick to buy an extra quantity of paraffin for sale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
May 2, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014