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Asha

Update on Asha

Asha has operated a café business from home for the past 10 years, with passers-by and neighbors as her potential customers. She cited high cost of transportation as her major challenge.
With the KES 50,000 she wants to purchase stock of wheat flour, rice and drinks for the café business. Her dream is to see her children get a better education and become important people in society.

Previous Loan Details

Asha is married and has four children, three boys and one girl. She owns a house that neither has electricity nor piped-in water. Her greatest monthly expenses are food and school fees. For the past eight years, she has made a living by running a restaurant, serving mostly neighbors and students ... More from Asha'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
  • 926
    View loans »
    Kenya Loans Fundraising
  • $43,075,425
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Asha to purchase stock of wheat flour, rice and drinks for the café business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Asha. It was first posted on Kiva on Sep, 2011. Learn More