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Mkambe

Update on Mkambe

The goat meat business is an activity Mkambe has been involved in for several years. It is a business that is very profitable to her, which is why she has not thought of quitting it. In fact, the previous loan helped her to increase the number of goats she owns.

Mkambe's aim is to see her business grow and to have a butcher shop, sometime. This new investment will enable Mkambe to buy five goats and expand her business.

Mkambe is a visionary woman with many goals to reach and she is very determined to reach them.

Previous Loan Details

Mkambe is a married woman who has nine children, six of whom are enrolled in school. She earns a living by buying and selling goats in a local market. She's worked in this business for four years and was previously employed as a farmer. Her primary customers are the general public. Mkambe's other... More from Mkambe'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
  • 959
    View loans »
    Kenya Loans Fundraising
  • $41,127,600
    Funds lent in using Kiva
  • 85.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Mkambe to buy five goats for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014
This photo was used before for a previous loan for Mkambe. It was first posted on Kiva on Apr, 2012. Learn More