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Mwanasiti

Update on Mwanasiti

Mwanasiti has operated a fruit and vegetable stall business, selling from home to her neighbors and passersby. She faces a major challenge of the high cost of transportation to her place of operation. She dreams of expanding to a wholesale vegetable stall in the future.

With the KSHS 30,000, she wants to purchase sacks of potatoes, tomatoes, onions and fruits for resale. She decided to join Yehu to access loans to boost her business and she appreciates the previous Kiva loan, which helped her to expand her business.

Previous Loan Details

Mwanasiti is the mother of two school-attending children. She operates a grocery where she sells her goods from home. She has been in this business for the past two years and she dreams of opening a kiosk in the future. Mwanasiti owns a house that has neither electricity nor piped water. Other… More from Mwanasiti'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
  • 328
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Mwanasiti to purchase sacks of potatoes, tomatoes, onions and fruits for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Mwanasiti. It was first posted on Kiva on May, 2012. Learn More