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Mwanakombo

Update on Mwanakombo

Mwanakombo is taking out a new loan to expand her existing business. She is aware that the forthcoming festive season is around the corner and she wants to take advantage of this since it is the time when sales are high. Mwanakombo is grateful for the support she was offered in the previous loan because it helped her to settle her orders. She intends to use this loan to buy more fabrics, zippers and other sewing materials to make more garments to fill her current orders. Mwanakombo is grateful for your support!

Previous Loan Details

Mwanakombo is a married woman with four children. Three of her children attend school while one is still young for school. She owns a house that neither has electricity nor piped water. Her greatest monthly expense is food for the family. For the past four years, she has operated a tailoring bus... More from Mwanakombo'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
  • 936
    View loans »
    Kenya Loans Fundraising
  • $41,686,525
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Mwanakombo to buy more fabrics, zippers and other sewing materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 23, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Mwanakombo. It was first posted on Kiva on Aug, 2011. Learn More