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Nyambwana

Update on Nyambwana

Nyambwana is a person who has always been known for being very hardworking, and for wanting to provide a good quality of life for her family. Thanks to this, she has been able to overcome great adversities which life has presented to her. She continues operating her grocery store and also sells spare parts in a small store. She is seeking another loan which will allow her to buy tomatoes, kale, onions, etc.

In this way, she will be able to satisfy all of the demand for her product, and thus she will have better income for her family. Her greatest dream is to get ahead with her businesses and have better economic opportunities and a better quality of life in her home, in addition to generating employment for people who need it most.

Previous Loan Details

Nyambwana is a married woman with four children, all of whom attend school. She lives in her own house that has electricity and piped water. Her greatest monthly expense is food for the family. For the past 4 years, Nyambwana has operated a grocery business, selling at the market to her neighb... More from Nyambwana'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
  • 959
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 83.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Nyambwana to buy tomatoes, kale, onions, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013