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Roda

Update on Roda

Roda is grateful for the support she is receiving from Yehu and Kiva. She now requesting a new loan to expand her existing clothes selling business.

Roda has all the motivation because the business is doing well, and it has enabled her to achieve some of her goals. With this new investment, she will purchase bales of clothes for sale. This way she will be able to continue offering a variety for her customers to choose from. Since the previous loans, her monthly income has increased by over 20%.

Previous Loan Details

Roda is married with two children, both of whom attend school. She lives in a rented house that has electricity but no piped water. Her greatest monthly expenses are food, rent and school fees.

For the past five years Roda has sold secondhand clothes at the local market to her neighbors and... More from Roda'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
  • 631
    View loans »
    Kenya Loans Fundraising
  • $39,836,925
    Funds lent in using Kiva
  • 84.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Roda to buy bales of children’s clothes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013
This photo was used before for a previous loan for Roda. It was first posted on Kiva on May, 2012. Learn More