Update on RukiaRukia has been selling home products for several years. She is thankful for this business that has equipped her with entrepreneurial skills. Three months ago, Rukia opened a vegetable stall that is doing well. She sells fruits and vegetables at the market.
Rukia is a very hard-working woman. She says she has always worked, and that she is not afraid of challenges. Her goal is to be able to continue growing her business and have a bigger stall to continue helping her family and her husband.
Rukia is coming to Yehu and Kiva to ask for another loan so that she can buy vegetables including tomatoes, green peppers, carrots, and onions, as well as seasonal fruit. This will allow her to supply her business with high quality products to offer to her customers.
Previous Loan DetailsRukia is a married woman. She has six children and five are enrolled in school. Rukia sells household utensils. She's worked in this business for two years. Her primary customers are the local area residents. She describes her greatest business challenge to be customers not paying their debts on ... More from Rukia's previous loan »
About Yehu Microfinance TrustThis 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.
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Sep 26, 2012
- Oct 10, 2012
- Currency Exchange Loss:
- Sep 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.