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Update on Margaret

Margaret is a hardworking and enterprising woman who is getting ahead and makes an effort to grow. She says that she has good experience in this area because she has been doing this for a long time. She also says that the previous Kiva loan allowed her to make many improvements and continue to grow. Margaret’s goal is to continue expanding her business.

She is asking for this loan to buy merchandise such as fish for her store so she can continue her sales. She is grateful for this new opportunity.

Previous Loan Details

Margaret is married with two children who attend school. She is a resident of Kisauni, Kenya. For the past 10 years, Margaret has been selling fried fish to her neighbors and passersby. Margaret was introduced to Yehu by her friends. Her main business challenges are inflation and price fluctuatio... More from Margaret'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
  • 714
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Margaret to buy merchandise such as fish for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 30, 2013
May 30, 2013
Currency Exchange Loss:
Apr 16, 2014
This photo was used before for a previous loan for Margaret. It was first posted on Kiva on Jun, 2012. Learn More