Check out some available loans that are similar to this one!
Asina

Update on Asina

Asina is asking for a new loan so as to expand her existing business that has given her good results. She is a determined lady who seeks to move forward. With this loan, she will be able to buy another motorcycle taxi.

Asina hopes to increase her income and open a retail shop in the near future. She has good credit references and she is sure to repay the debt as scheduled since she believes in faithfulness. She is grateful for the loans she is getting and she wishes to thank you in advance for your kind support.

Previous Loan Details

Asina is married woman and the mother of four children, all of whom attend school. She owns a house that has electricity and piped-in water. Her greatest monthly expenses are food and school fees. For the past five years, she has earned a living by running a boda boda (or motorcycle) transport bu... More from Asina'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
  • 915
    View loans »
    Kenya Loans Fundraising
  • $41,691,075
    Funds lent in using Kiva
  • 85.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Asina to buy another motorcycle taxi.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Asina. It was first posted on Kiva on May, 2012. Learn More