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Mary

Update on Mary

Mary is still selling charcoal in Mombasa, and she says that her business improved after the boost from the previous loan to add more stock. She informs us that her family is doing well and that she is happy with the ways things are.

She is currently requesting another loan to add more stock of 50 sacks of charcoal for resale.

Previous Loan Details

Mary is a married woman with one child who is still too young for school. She owns a house that has neither electricity nor piped water. Her greatest monthly expense is food for the family. She has operated a charcoal-selling business for the past five years, selling from home to her neighbors... More from Mary'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
  • 652
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Mary to purchase 50 sacks of charcoal.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013