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

Update on Esther

Esther is taking out another loan to expand her existing business. She says that her business is doing well since she received her previous loan. Esther is a determined woman who has the desire to move forward. She is liked by many people because of the unequaled services she offers. Her customers are satisfied with her work. With this loan, Esther will buy creams, shampoo, weaves, and other beauty products.

Previous Loan Details

Esther has been operating a beauty salon business for the past two years serving the local residents. She dreams of hiring employees in future. She is a married woman who has two children, ages 8 and 12, who attend school. Esther lives in a rental house that has neither electricity nor piped wate... More from Esther'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
  • 961
    View loans »
    Kenya Loans Fundraising
  • $41,799,600
    Funds lent in using Kiva
  • 86.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Esther to buy cream, shampoo, weaves, and other beauty products.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 27, 2014
This photo was used before for a previous loan for Esther. It was first posted on Kiva on May, 2012. Learn More