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Nzadze

Update on Nzadze

Nzadze makes and sells clothing to earn an income. She was able to improve her business and her home through her previous loan. She operates her business in order to supplement her husband's income, because he was not able to earn enough on his own to support the family. Their life was very difficult, so Nzadze decided to earn her own income. Now they help one another in supporting the family and they are getting ahead.

She needs this loan in order to buy fabric, which will enable her to continue working and meeting her customer’s demands.

Previous Loan Details

Nzadze is a mother of two children, neither of whom is enrolled in school. She owns a house that has neither electricity nor piped water. She has been operating a clothing business where she sells clothes at the market to the general public. Nzadze has been doing this for the last four years, and... More from Nzadze'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
  • 1024
    View loans »
    Kenya Loans Fundraising
  • $43,108,375
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Nzadze to buy fabric.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014