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Mkambe

Update on Mkambe

Mkambe is an active woman who is enterprising, dedicated to her work, and a fighter with many goals that she wants to achieve. She is working hard to reach a more prosperous future and is very happy with her businesses.

Mkambe wants to expand her charcoal-selling business by having enough stock. She plans to purchase sacks of charcoal since demand has increased, and she does not want to disappoint her customers.

Since her last loan, her income has been increasing gradually with adequate provision to her family.

Mkambe has good payment references and is responsible. She promises to settle the debt and at the same time has hope that she will bring home financial security and a better quality of life for everyone.

Previous Loan Details

Mkambe is a married woman with eight children. Seven of her children graduated from school and one still attends school. She owns a house that has piped water but not electricity. Her greatest monthly expense is food for the family. For the past seven years, she has operated a firewood, charcoal… 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
  • 404
    View loans »
    Kenya Loans Fundraising
  • $38,151,650
    Funds lent in using Kiva
  • 86.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mkambe to purchase sacks of charcoal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 3, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Mkambe. It was first posted on Kiva on Aug, 2011. Learn More