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Update on Hussein

Hussein is asking for another loan so as to invest in the existing business. He plans to replace his generator and buy a new DVD player. He is thankful for the previous loan, which boosted his business.

He hopes to expand his business and open a retail shop in the near future.

Previous Loan Details

Hussein is a married man with two children, one of whom attends school. He owns a house that has neither electricity nor piped water. His greatest monthly expense is food for the family. For the past three years, he has operated a video hall business. His potential customers are local neighbou... More from Hussein'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
  • 827
    View loans »
    Kenya Loans Fundraising
  • $43,872,550
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Hussein to replace his generator and buy a new DVD player.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Sep 24, 2012
Oct 25, 2012
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Hussein. It was first posted on Kiva on May, 2011. Learn More