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Linet

Update on Linet

The desire to get ahead is one of Linet's dreams. She is a very hardworking woman who has been operating a vegetable stall for some time. Thanks to her efforts and determination; her business is doing very well. Her aim is to see it grow even more. Linet says that her previous loan was of great help since it enabled her to fund her general store and at the same time open this vegetable stall business. With the current loan, she wants to improve her business by stocking it with with more fruits and vegetables like cabbages, onions, kale, and tomatoes, among others.

Previous Loan Details

Linet is the owner of a store where she sells all kinds of agricultural products. She has worked in this business for more than 3 years so she already has a loyal customer base that always buys products from her. Her husband works as a hawker along the street and in this way they help each oth... More from Linet'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
  • 685
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Linet to buy more fruits and vegetables like cabbages, onions, kale, and tomatoes, among others.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 31, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Linet. It was first posted on Kiva on Jul, 2012. Learn More