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Fatuma

Update on Fatuma

Fatuma is a very hardworking person who has shown a great enthusiasm in moving forward. She has had several loans both from Yehu and Kiva. She is a faithful and honest person who can be entrusted with loans since she is responsible.



Fatuma says that since she started getting support in the form of loans her business has been gradually growing. This new loan will allow her expand her business and will enable her to buy ingredients like wheat flour, basic grains, cooking oils, vegetables, and meat. As a result, she will be able to continue to earn good income.

Previous Loan Details

Fatuma is taking out a new loan to expand her food vending business because demand has risen for the pasr few weeks. She does not want to disappoint her clients, so she wants to make new investments so that she can offer a variety of food in her food stall. Fatuma says that since her previous… More from Fatuma'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
  • 432
    View loans »
    Kenya Loans Fundraising
  • $38,199,275
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Fatuma to expand her business by purchasing ingredients such as wheat flour, basic grains, cooking oils. and vegetables.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Fatuma. It was first posted on Kiva on Jan, 2013. Learn More