Check out some available loans that are similar to this one!
Jessy

Update on Jessy

Jessy is requesting a new loan to buy ingredients to make good meals to sell. Her previous loan enabled her to expand her business and earn a higher income to support her family. In fact, she says that since the previous loan she hes been able to increase the number of customers, which forced her to hire an employee. She hopes that this loan will assist her in further increasing the size of her business, attracting new customers and improving her sales. She also hopes that through the loan she can increase her income and improve her family's living conditions.

Previous Loan Details

Jessy is 29 years old and lives with her three children in her own home. She makes a living selling food, breakfast, and lunch in her cafe. She sells a variety of foods, such as rice and beans and flat breads. Her business is located in a nearby trading center, where she's had it for several year... More from Jessy'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
  • 768
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Jessy to buy wheat flour, sugar, beans, and other foods for her cafe.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Jessy. It was first posted on Kiva on Jul, 2012. Learn More