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Riziki

Update on Riziki

Riziki is asking for a new loan to pay school fees for her children. She is grateful for the support she is getting through loans which have transformed her living standards.

Riziki says that she is still in her clothes-selling business and that it is doing well. Also, she is grateful that she is receiving good income from her rental house.

Her dream is to see her children become professionals, so that they can have a better future.

Previous Loan Details

Riziki is a married woman with seven children all of whom attend school. She owns a house that has piped water but no electricity. Her greatest monthly expense is food for the family. She sells second hand-clothes and also has a restaurant. For over seven years she has sold from door to door and ... More from Riziki'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
  • 830
    View loans »
    Kenya Loans Fundraising
  • $40,317,850
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Riziki to pay school fees for her children.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 31, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014