Update on DorcasDorcas is a very active member of Yehu Microfinance. She is a very hardworking woman. This is a subsequent loan after successful repayment of the previous without any difficulties. She is grateful as it has helped her to pay school fees for her children as well as improve her family’s living standards. She wants to venture into a new business of motorbike operation and that is why she has requested a loan for KSH.100000 to buy a motorbike.
Previous Loan DetailsDorcas started a shop which she continues to operate. Thanks to the effort that she has put into her business, she has managed to increase her sales and gradually increase the quantity of products she offers for sale to her customers. With her store, her financial situation and the quality of life… More from Dorcas'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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