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Edda

Update on Edda

Edda has been very successful in her cereal-selling business, which she plans to expand further. She has many regular customers because of her caring nature. In addition, she was able to open a clothes-selling business, and she says that both businesses are doing well. Since the previous loan, her life has gradually improved.

Edda is requesting this loan from Yehu so that she will be able to buy more stock of cereals as well as bundles of clothes to sell. Thank you for supporting her!

Previous Loan Details

Edda is a 43-year-old married woman. She has six children all of whom are enrolled in school. Her husband's name is Samuel and he works as a teacher. Edda operates a cereals shop and sells her goods at the market. Her primary customers are her neighbours. Her other source of income is from her fa... More from Edda'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
  • 654
    View loans »
    Kenya Loans Fundraising
  • $39,287,300
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Edda to buy more stock of cereals as well as bundles of clothes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Edda. It was first posted on Kiva on Mar, 2012. Learn More