Update on EmmaculateThe desire to get ahead is one of this lady's goals. She has shown a great urge to move forward through enterprising skills. She used her previous loan to invest in her shop. She is now asking for another loan to invest in her new cosmetics shop, which is well-stocked. Her aim is to see it grow further. Since she received her previous loan, she has been little by little improving her home. This loan will allow her to add stock of cosmetics and other beauty products since her inventory has gone down.
Previous Loan DetailsEmmaculate is a single woman with two school going children. Emmaculate operates a shop and she's worked in this business for four years. Her primary customers are the general public. Emmaculate 's other source of income includes contributions from relatives. She describes her greatest business ... More from Emmaculate's previous loan »
About Yehu Microfinance TrustThis 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.
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Success!! The loan was 100% repaid