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Mariam

Update on Mariam

Mariam appreciates the previous Kiva loan, which helped her to boost her business. For the past years, she has operated a cosmetic shop business. Her potential customers are women. She faces a challenge of stiff competition in her business. Mariam dreams of expanding her business and offering suitable products to her customers.

With the KES 50,000 loan, she wants to purchase cosmetics and hair weaves to resell at her shop. She decided to join Yehu, to access funds to boost her business.

Previous Loan Details

Facing challenges at times leads to some people to give up in life. However, this is not true of this young woman, mother of three children. She is married and lives with her family in the town of Tiribe. All of her children are in school. For the last 12 years, Mariam has been selling cosmetics ... More from Mariam'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
  • 933
    View loans »
    Kenya Loans Fundraising
  • $41,036,925
    Funds lent in using Kiva
  • 83.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mariam to purchase cosmetics and hair weaves to resell at her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 24, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Mariam. It was first posted on Kiva on Nov, 2012. Learn More