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Mwanaisha

Update on Mwanaisha

Mwanaisha is married to a primary school teacher and they decided to open a preparatory school in their neighborhood. She has dedicated herself to study and has a good knowledge of Educational Leadership. She states that she has been increasing the number of pupils every year. She says that this is attributed to the fact that her school has very devoted teachers who stick to their professionalism.

Thanks to her first loan, Mwanaisha was able to increase the enrollment in her school by constructing a classroom. However, she says that her major challenge is that some of the parents are reluctant to pay fees for their children. The loan requested will be used to invest in her business by buying teaching materials and renovating a classroom.

Previous Loan Details

Mwanaisha is a married woman with four children, all of whom attend school. She owns a house that has electricity but not piped water. Her greatest monthly expenses are food and school fees. For the past ten years, Mwanaisha has operated a preparatory school for young children. Her potential… More from Mwanaisha'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
  • 418
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 84.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Mwanaisha to buy teaching materials and renovate a classroom.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jun 30, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Mwanaisha. It was first posted on Kiva on Jul, 2011. Learn More