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Mwanamimi

Update on Mwanamimi

Mwanamimi is making a new investment in her coconut selling business, which has been flourishing over the past few months. She is happy to have seen her businesses improve through careful implementation of her previous loan. She is sure that this investment will also have a positive impact.

She wants to gather a stock of coconuts so as to have ready stock to sell. She is a responsible person, as demonstrated through her previous loan, which she was able to repay faithfully.

Mwanamimi is eager to implement and repay this loan, and she looks forward to availing herself of subsequent loans so that she can move forward with her business.

Previous Loan Details

Mwanamimi is a married woman with seven children, three of whom attend school. She owns a house that has neither electricity nor piped water. Her greatest monthly expense is food. For the past 14 years, Mwanamimi has operated a retail shop business, selling household consumption items retail ... More from Mwanamimi'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
  • 867
    View loans »
    Kenya Loans Fundraising
  • $42,991,025
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Mwanamimi to purchase a stock of coconuts to offer for sale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Mwanamimi. It was first posted on Kiva on May, 2011. Learn More