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Getrude

Update on Getrude

Getrude continues living with her husband with their two children who are all attending school. She has been operating a tailoring business for some time, business she is still into. In order to diversify her sources of income, Getrude opened a shop selling to the neighborhood. She sells general staples such as flour, sugar, and other consumer goods. Getrude says that inventory has gone down; so she is asking another loan so as to add stock of flour, rice, sugar, and other small fast-selling products. This way, she will be able to provide for her family. She hopes to expand her businesses so as to continue moving ahead.

Previous Loan Details

Getrude is a married woman with two children, one of whom attends school. She lives in a rental house that has electricity and piped water. Her greatest monthly expenses are rent and school fees. For the past five years, she has operated a tailoring business, selling in a shop to her neighbors… 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
  • 332
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Getrude to add stock of flour, rice, sugar, and other small fast-selling products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013
This photo was used before for a previous loan for Getrude. It was first posted on Kiva on Jul, 2011. Learn More