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Antony

Update on Antony

Antony continues working hard in his tailoring business to continue providing for his family. He began his business because he wanted to engage himself in an income-generating activity after he dropped out of school, and this is his only source of survival. Working seven days a week and 10 hours a day, he earns about 12,000 Kenyan shillings (KES) every month from this business.

He would like another loan in the amount of KES 50,000 to meet the growing demand for clothes. Antony has already received and successfully repaid a loan. With this loan, he will be able to purchase more materials to make more clothes for sale. He hopes that this loan will enable him to increase his monthly profits. He thanks you for your support.

Previous Loan Details

Anthony is a married man with four children, all of whom attend school. He owns a house that has electricity but not piped water. His greatest monthly expenses are food and school fees. For the past two years, he has operated a tailoring business; he sells at the market and from home to his ne... More from Antony'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
  • 789
    View loans »
    Kenya Loans Fundraising
  • $40,271,975
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Antony to purchase more materials to make more clothes for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013
This photo was used before for a previous loan for Antony. It was first posted on Kiva on Sep, 2011. Learn More