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Tagavuma

Update on Tagavuma

Tagavuma is applying for another loan to renovate her house that got demolished during the rainy season. She will use this 40,000 Kes loan to purchase building blocks and renovate her house which got demolished during the rains. In the future, Tagavuma aspires to continue improving her business.

Since taking her last Kiva loan, Tagavuma 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

Tagavuma is married with three children, two boys and one girl, two of whom attend school while one is too young for school. They live at a house that they own, that neither has electricity nor piped water. Her greatest monthly expense is the cost of purchasing thread and needles for her business... More from Tagavuma'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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kenya

  • $1,800
    Average annual income
  • 724
    View loans »
    Kenya Loans Fundraising
  • $42,190,575
    Funds lent in using Kiva
  • 90.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Tagavuma to purchase building blocks and renovate her house which got demolished during the rains.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2011
Listed
Nov 26, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012
This photo was used before for a previous loan for Tagavuma. It was first posted on Kiva on Mar, 2011. Learn More