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

Update on Beatrice

Beatrice is taking out a new loan to expand her existing business. She is thankful for the previous loan that enabled her to have an increased income. She says that her business is doing well thanks to her efforts and the support she is getting from Yehu Microfinance Trust and Kiva.

With this new investment, she will be able to buy more clothes and shoes for resale since she wants to take advantage of the December festive season in which sales are high. Thanks for your support!

Previous Loan Details

Beatrice is a married woman with two children, both attending school. She lives in a rental house that has neither electricity nor piped water. Beatrice has been selling clothes, shoes, and kitchenware door-to-door, a business she has operated for the last three years. She dreams of opening a who... More from Beatrice'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
  • 971
    View loans »
    Kenya Loans Fundraising
  • $40,998,900
    Funds lent in using Kiva
  • 86.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Beatrice to purchase clothes and shoes for resale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Beatrice. It was first posted on Kiva on May, 2012. Learn More