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

Update on Tsuma

Tsuma is a visionary man who has the urge to move forward in life and have a prosperous future.

Recently, he opened a charcoal-selling business which is doing well. He has very many customers, since his charcoal is of high quality, which is why his customers prefer buying from him.

The previous loan helped him to add stock of vegetables to his vegetable stall, which is currently under the care of his wife. The new loan he is requesting is to buy 50 sacks of charcoal for sale. Thanks to his efforts, he has a big charcoal store.

Previous Loan Details

Tsuma, a married man with two school-going children, lives with his family in a rental house that has electricity but no piped water. His greatest monthly expenses are food and school fees. For the past six years, Tsuma has operated a matatu (motor vehicle) public transport business from the mark... More from Tsuma'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
  • 725
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Tsuma to buy 50 sacks of charcoal for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014
This photo was used before for a previous loan for Tsuma. It was first posted on Kiva on Apr, 2011. Learn More