Update on FatmaFatuma is a dedicated mother who works hard to cater for the needs of her family. She continues to sell food stuffs, making them from her home. Fatuma wants to take advantage of the festive season of Ramathan. She wants to increase her supplies and offer a variety of food stuffs. She sells her foods in a strategic place along a busy street where most people gather to buy snacks and juice during the opening hours in the evening after a day of fasting. She says that her business earns her a good profit.
Fatuma is asking for another loan to purchase sugar, wheat flour, cooking oil, and other flavours and ingredients to make more food stuffs for sale. She is very grateful to Kiva and Yehu for their support.
Previous Loan DetailsFatma is a 32-year-old married woman. She has a child who is four months old. Her husband's name is Athman. Fatma operates an ice and lollipops selling business and sells her goods from home. She has worked in this business for two years. Her primary customers are neighbours and passersby. Fa... More from Fatma's previous loan »
About Yehu Microfinance TrustThis 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 13 months (Additional Information)
- Repayment Schedule
- Aug 2, 2012
- Aug 16, 2012
- Currency Exchange Loss:
- Sep 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.