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Update on Rashid

Rashid is a very enterprising person who has always worked and is not afraid of challenges. His goal is to be able to continue growing and this way be able to continue helping his family, since he is now married and has a child.

Thanks for the previous loan that helped him to expand his former business and save money to start a new one. He has a retail shop, and he wants to buy wheat flour, maize flour, sodas, etc.

His aim is to own a vehicle for transport services.

Previous Loan Details

Rashid is a single man who lives at a rental house that has electricity and piped water. His greatest monthly expense is food. He has operated a garage business for the past two years and also drives matatus (a public motor vehicle), which contributes to his other source of income. His poten... More from Rashid'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
  • 892
    View loans »
    Kenya Loans Fundraising
  • $42,902,475
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Rashid to buy wheat flour, maize flour, and sodas.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 5, 2012
Oct 26, 2012
Currency Exchange Loss:
Jun 17, 2013
This photo was used before for a previous loan for Rashid. It was first posted on Kiva on Jan, 2011. Learn More