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Mwanatumu

Update on Mwanatumu

Mwanatumu has operated a food stall business, selling goods at the market to her neighbours and passersby. She faces a major challenge of competition from other food stall operators in her business.

With 20,000 Kenyan Shillings (KES), she wants to purchase flour, sugar, salt, cooking oil, etc. She dreams of expanding to her business to earn more income in the future.

Previous Loan Details

Mwanatumu has been involved in food vending--selling from her home and door to door. She has been in this business for the last five years. She has been improving her economic situation now that her small business is more stable. However, her cry is to see that she sells from a permanent place… More from Mwanatumu'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
  • 412
    View loans »
    Kenya Loans Fundraising
  • $38,161,800
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mwanatumu to purchase flour, sugar, salt, cooking oil, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Mwanatumu. It was first posted on Kiva on Jan, 2013. Learn More