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Josephine

Update on Josephine

Josephine is taking out another loan of 40,000 KES to start a new business operating a vegetable stall. With the loan, she plans to add stock of vegetable and fruits for sale. Since the previous loan, her living standards have greatly improved. Her monthly income has increased and she can now pay school fees for her children without any burden.

Previous Loan Details

Josephine is a 47-year-old married woman with five school-going children. Her husband Jilani Tinga is a teacher who contributes to the provision of the family's basic needs. She has a house with neither electricity nor piped water. Her greatest monthly expenses are food for her family and school ... More from Josephine'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
  • 879
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 83.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Josephine to add stock of vegetable and fruits for sale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
May 7, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Josephine. It was first posted on Kiva on Oct, 2011. Learn More