Update on MwajumaMwajuma is a very hardworking person, who explains that thanks to her effort she has been able to get ahead. The previous Kiva loan has been a big help to her and she is very grateful for it.
Today, she comes again for a loan of KES 30,000 to be able to buy three bags of coconuts for sale. With this she will be able to continue offering a good variety and good prices to her clients. She is again grateful for the opportunity she is receiving because it will help her a lot.
Previous Loan DetailsMwajuma is a 46-year-old married woman with five children, all in school. She has been selling coconuts for the last seven years and aspires to open a depot for the same. Mwajuma sells her goods from home at wholesale and at the market. She joined Yehu to access loans for her business. She will use… More from Mwajuma'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