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Nathaniel

Update on Nathaniel

Nathaniel is a well-known merchant, who is still selling phone accessories in the store. He has established a good base of regular customers. His customers like him because of his perfect work, in addition to his inexpensive products that are original and of high quality. Nathaniel is currently asking for another loan to use to pay school fees for his son. He has the urge to continue to be in business. He is thankful for the loans he is getting from Kiva and Yehu. They have been of help to him.

Previous Loan Details

Nathaniel is a married man with four children: two boys and two girls. He owns a house that has electricity but not piped water. His greatest monthly expenses are food, school fees and clothing. For the past seven years, he has operated a business selling phone accessories, selling in a shop t... More from Nathaniel'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
  • 629
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Nathaniel to pay school fees for his son.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 27, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Nathaniel. It was first posted on Kiva on Aug, 2011. Learn More