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Mariam

Update on Mariam

Mariam has been operating a food stall business, selling from home to her neighbors and passersby. Her potential customers are neighbors, pupils and passersby. She faces a major challenge of seasonality in her business and she dreams of establishing a restaurant business in the future.

With the loan of Kshs 50,000 that she is requesting, she wants to purchase stocks of wheat flour, maize flour, beans and rice for the business. She decided to join Yehu to access loans to boost her business and she appreciates the opportunity given.

Previous Loan Details

Mariam is a married woman. She has two children and both are enrolled in school. Mariam operates a food stall business and sells her goods from home. She's worked in this business for six years. Her primary customers are local neighbours. Mariam's other source of income includes a side job as... More from Mariam'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
  • 945
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    Funds lent in using Kiva
  • 83.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mariam to purchase stocks of wheat flour, maize flour, beans and rice for the business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 23, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Mariam. It was first posted on Kiva on Mar, 2012. Learn More