Update on DorfineThis is Dorfine. Her previous loan was a big help in her business. She sells sporting goods and is helped by her family. Her first loan was very beneficial for her since she was able to buy vegetables and grains for preparing food.
Before, she did not have enough capital to work with and the loan came when she needed it most. She has paid the installments on time.
Dorfine constantly strives to improve her retail shop, trying to sell more and save more money in order to have a more successful establishment. Dorfine is requesting a loan to buy hockey sticks and medals.
Previous Loan DetailsAt 23, Dorfine is a mother of two children. She is married to Micheal, a lecturer. Dorfine has a retail shop where she sells sports items like balls and trophies. The business is four months old and she can count good profit returns. Dorfine dreams of opening several other businesses and also con... More from Dorfine'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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