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Mariam

Update on Mariam

Mariam is taking out another Kiva loan of KES 50,000 to expand her existing business. With the loan, she wants to purchase bales of clothing materials for her tailoring business. She decided to join Yehu to access loans to boost her business. With the previous loan, she was able to expand her business and purchased household property for her business. She dreams of owning a plot of land for her family in the future. The loan has enabled her to pay school fees for her children who attend school.

Previous Loan Details

Mariam is a married woman with two children. One of her children attends school and one is underage. She lives in a rental house that has neither electricity nor piped water. Her greatest monthly expense is food for the family. For the past five years, she has operated a tailoring business sel... More from Mariam'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
  • 1046
    View loans »
    Kenya Loans Fundraising
  • $40,893,425
    Funds lent in using Kiva
  • 83.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mariam to purchase bales of clothing materials for her tailoring business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Mariam. It was first posted on Kiva on Jul, 2011. Learn More