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Kulsumbai

Update on Kulsumbai

Kulsambi operates a food stall and a retail shop where she sells household consumables such as wheat flour, maize flour, and sugar. Her major business challenge is the delayed payments of her creditors. Kulsambi decided to join Yehu to access loans to boost her business.

Kulsambi is requesting a loan to purchase stock of sugar, rice, maize flour, and wheat flour.

Previous Loan Details

Kulsumbai is a married woman who has nine children, one of whom attends school. She operates a food stall and she sells her goods from door to door to the general public. She has been in the business for the last 10 years, and aspires to build some rental houses. Kulsumbai owns a house that has n... More from Kulsumbai'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
  • 597
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 84.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Kulsumbai to purchase sugar, rice, maize flour, and wheat flour.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014