More than one-third or 36 percent of Kenyans are exposed to numerous risks such as economic shocks, death, illness and loss of property due to natural disasters and calamities. This high incidence of shocks revealed by FinAccess Household Survey 2019 underpins the urgent need for risk management solutions for individuals,
Pesa Pata, Swahili word for ‘get money’, is an innovation by Paddy Micro Investments which has an excellent track record for providing unsecured loans to small business and making a profit at it. It is a scratch card micro credit startup serving ordinary Kenyans through a network of local shops stocked with Pesa Pata scratch cards. It is a micro-finance institution that aims at the low-income bracket people who might not qualify to get loans in banks and those who need quick cash to solve a need.