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Mwanakombo

Update on Mwanakombo

Mwanakombo is a dedicated woman who has the urge to get ahead in life. She continues working selling food and she counts good results out of it. The loan was helpful and on this occasion the request is in order to buy supplies such as rice, wheat flour, cooking oil, sugar, etc in order to prepare her food.

She feels happy that her business and clientele have grown and this is the reason her income has improved.

Previous Loan Details

Mwanakombo, 35, has been selling food for seven years. This has become her main source of income to cover expenses for her home, her husband and four children. She has managed to keep her market share because she’s kept up-to-date through courses where she acquires technical skills to compete in ... More from Mwanakombo'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
  • 1000
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mwanakombo to buy supplies such as rice, wheat flour, cooking oil, sugar, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Mwanakombo. It was first posted on Kiva on Aug, 2012. Learn More