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Mercy

Update on Mercy

Mercy runs a motorcycle transport business taking passersby and town dwellers from one place to another. Her main challenge is trying to drive her customers around during the rainy season.


Mercy joined Yehu to access loans for her business. She is applying for a 30,000 KES loan which she wants to use to establish a vegetable stall where she will sell green vegetables and potatoes. She is appreciative of her previous Kiva loan.

Previous Loan Details

Mercy is a 39-year-old married woman with 6 children all of whom are enrolled in school. Her husband Wanini is an electrician who contributes to the provision of the family's basic needs. She owns a house with neither electricity nor piped water. Her greatest monthly expenses are food for her fam... More from Mercy'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
  • 711
    View loans »
    Kenya Loans Fundraising
  • $42,184,725
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Mercy to establish a vegetable stall.
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 Mercy. It was first posted on Kiva on Jan, 2012. Learn More