Check out some available loans that are similar to this one!
Getrude

Update on Getrude

Getrude used her first Kiva loan to purchase goats for her butcher shop. She is now applying for a Kiva loan to establish a motorcycle transport business and purchase a motorcycle.

Her message to Kiva lenders is the following: “I am very grateful for the opportunity you gave me to invest in my business; it’s something one wants you to be aware of and that you continue supporting us so that we can get far.I know that’s what I will accomplish.”

Previous Loan Details

Getrude is a married woman with 8 children, all of whom attend school. She owns a house that has neither electricity nor piped water. Her greatest monthly expenses are food and school fees. For the past 4 years, she has operated a goat-meat-selling business. She sells via wholesale to butcher… More from Getrude'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
  • 641
    View loans »
    Kenya Loans Fundraising
  • $39,147,625
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Getrude to purchase a motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013
This photo was used before for a previous loan for Getrude. It was first posted on Kiva on Jun, 2011. Learn More