Update on MwikaliMwikali has been operating a retail shop. Thanks to the good variety she offers, she has been able to establish a good clientele. She is a hardworking individual and says that she wants to continue growing in her current profession. For this reason, she strives to do her best.
Mwikali is requesting another Kiva loan so that she can invest in the purchase of beverages, milk, bread, noodles, rice, vegetables and other products so that she can continue offering her customers the variety that they are accustomed to having.
Previous Loan DetailsMwikali is a very hard-working woman who, since she was young, has worked her hardest to get ahead and to achieve a stable life. She lives with her two children and her husband. Mwikali sells household products in an open-air market. She is asking for a loan in order to purchase more merchandise ... More from Mwikali'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