Update on SalamaSalama started her firewood business some years ago. She notes that at first it was very difficult; however, with the support of neighbors and relatives, they were able to move forward. Now they have an established clientele and their home-made products are well-liked by all. Salama’s biggest dream is to establish a restaurant business by offering ready-made food to her neighbors and those who go to work.
She is requesting a loan to buy meat, eggs, turnover dough, cooking oil, soft drinks and other supplies that will be used in her restaurant. She is grateful to Yehu Microfinance and Kiva for the opportunity she is receiving.
Previous Loan DetailsSalama is a widow with four school-aged children. They live at a house that they own. It has electricity and piped water. Her greatest monthly expense is school fees. For the past two years, she has operated a firewood business. She sells from home to her neighbors and passersby. Salama not... More from Salama'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