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Mwanaulu

Update on Mwanaulu

Mwanaulu is applying for another loan to start a grocery business. She will use this 50,000 KES loan to purchase vegetables such as potatoes, tomatoes and onions for resale. In the future, Mwanaulu hopes to continue improving and expanding her businesses.

Since taking her last Kiva loan, Mwanaulu has greatly improved her family’s standard of living. She hopes to continue accessing the financial services offered by Yehu and Kiva lenders and thanks you for your support!

Previous Loan Details

Mwanaulu is a married woman with one child who attends school. She owns a house that has electricity but not piped water. Her greatest monthly expense is food for the family. For over ten years, she has operated a tailoring business from home. Neighbors, especially women, are her potential cu... More from Mwanaulu's previous loan »

Additional Information

About Yehu Microfinance Trust

This loan is administered by Yehu Microfinance Trust, which was founded in 1998 as a project of CHOICE Humanitarian Kenya. In July 2007, Yehu became a separate entity from CHOICE and was registered as a trust. Since then, Yehu has expanded to cover over half of Kenya’s 13 coastal districts.

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
  • 1000
    View loans »
    Kenya Loans Fundraising
  • $40,863,900
    Funds lent in using Kiva
  • 93.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Mwanaulu to purchase vegetables for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Mwanaulu. It was first posted on Kiva on Dec, 2010. Learn More