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Umazi

Update on Umazi

Umazi is a very hardworking and enterprising woman who says that she has been able to greatly increase her income and help her family, thanks to her hard work.

She is asking for a loan of KES 25,000 to buy ingredients such as wheat flour, maize flour, rice and sugar that will help her to invest back into her business. She is grateful for the new support she is receiving.

Previous Loan Details

Umazi lives in a home with her husband and her three children. She runs a food stall which she began two years ago. She started it with the support of her husband to receive earnings while staying at home. She starts her activities early in the morning and works up to late in the evening. She ... More from Umazi'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
  • 964
    View loans »
    Kenya Loans Fundraising
  • $41,061,950
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Umazi to buy ingredients such as wheat flour, maize flour, rice and sugar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 19, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Umazi. It was first posted on Kiva on Aug, 2012. Learn More