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Mwanamvua

Update on Mwanamvua

Mwanamvua continues selling medicines. She says that the business is doing well. Since the previous loan, her living standards have improved.

However, she needs to make further home improvements. She wants to have piped water in her house. She is asking for a loan to buy water pipes and cover installation costs.

Her aspiration is to have a prosperous business, improving her family's financial situation, since this will allow her to offer her relatives better living conditions.

Previous Loan Details

Mwanamvua is a married woman. She has five children with four currently enrolled in school. Mwanamvua operates a community health business and sells her goods door-to-door. She's worked in this business for 10 years and her primary customers are neighbors and passersby. She owns a house that has ... More from Mwanamvua'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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kenya

  • $1,800
    Average annual income
  • 942
    View loans »
    Kenya Loans Fundraising
  • $42,872,200
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mwanamvua to buy water pipes and cover installation costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Mwanamvua. It was first posted on Kiva on Oct, 2011. Learn More