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Patrick
Patrick is from Nakuru and he is 30 years old; his spouse, Eunice, is a farmer; and he has four children aged 8, 6, 3 and 1 year old.

He is in the business of selling firewood; his business has been in operation for the past 2 years. To enable him to supply enough of this commodity to his customers he has applied for his second loan of KES 30,000 from Kadet Ltd which he is going to use for hiring more laborers to assist him with gathering and delivery.

His monthly income right now is KES 15,000 and he intends to use profits realized from his extended business for educating his children.

In the future, Patrick hopes to buy a motorcycle or a pickup to make transport of firewood efficient and effective.

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
  • 338
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Patrick to hire more laborers to assist him with collection/gathering firewood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014