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Mwanamisi

Update on Mwanamisi

Mwanamisi tells us that her goal is to maintain and strengthen her workplace. This is why she has come to Yehu Microfinance, and she is grateful to them for having given her the opportunity to obtain this loan for stocking her business with foodstuffs, drinks, dairy products and other products that she sells every day. She is grateful to Yehu Microfinance and Kiva for the opportunity that she is receiving.

Previous Loan Details

Mwanamisi is a mother of five children, three of whom are in school. She has been operating a food stall from her home for the past five years, and she dreams of opening a hotel in the future. Mwanamisi’s primary customers are her neighbors. She decided to join Yehu to get access to loans to boost… More from Mwanamisi'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
  • 603
    View loans »
    Kenya Loans Fundraising
  • $39,169,875
    Funds lent in using Kiva
  • 85.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mwanamisi to buy products for her store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014