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Eunice

Update on Eunice

Eunice is an enterprising woman with a desire to get ahead. She's always on the lookout for new opportunities that can allow her to achieve success.

Eunice operates a food stall. She is currently asking for a new loan to expand on this business so she will record more profits. She intends to buy ingredients like wheat flour, sugar, vegetables, and meat.

Eunice has a good payment history and is morally beyond reproach. She assures us that she will be able to pay off the loan and is confident that it will bring greater economic stability to her home. She is happy for the support she is receiving from Yehu and Kiva.

Her previous loan enabled her to have improvements in her business and also her home.

Previous Loan Details

Eunice is a divorced woman with three children, all of whom attend school. She lives at a rental house that has neither electricity nor piped water. Her greatest monthly expenses are food and school fees. For the past five years, she has operated a food stall business, selling to her neighbour... More from Eunice'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
  • 825
    View loans »
    Kenya Loans Fundraising
  • $42,938,250
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Eunice to buy ingredients like wheat flour, sugar, vegetables, and meat.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Eunice. It was first posted on Kiva on Apr, 2012. Learn More