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Patience

Update on Patience

Patience has operated a food vending business for the past years, cooking chapati (flat bread) rice and beans. She faces the major challenge of seasonality in her business.

With the loan of 40,000 KES, she wants to purchase stocks of sugar, rice, maize flour and wheat flour for her food vending business. She decided to join Yehu to access loans to boost her business.

Previous Loan Details

Patience is married and has four children who attend school. Her husband works as a shopkeeper. Patience operates a vegetable kiosk and sells her goods in a shop. She has worked in this business for four years. Her primary customers are passersby and neighbors. Patience's other source of income… More from Patience'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
  • 475
    View loans »
    Kenya Loans Fundraising
  • $38,223,325
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Patience to purchase stocks of sugar, rice, maize flour and wheat flour for her food vending business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Patience. It was first posted on Kiva on Mar, 2012. Learn More