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Mtama

Update on Mtama

Mtama operates a cafe, selling from home to her neighbors and passersby. She faces stiff competition from other cafe operators in her business.

With the KES 50,000 she wants to purchase bundles of maize flour, rice and wheat flour for food preparation. She decided to join Yehu to access loans to boost her business.

Previous Loan Details

Mtama is a married woman with five children, four of whom are enrolled in school. She operates a cafe and has been in this business for the last eight years. She also sells coconuts as her other source of livelihood. Mtama lives in a rental house that has neither electricity nor piped water. She… More from Mtama'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
  • 433
    View loans »
    Kenya Loans Fundraising
  • $38,192,375
    Funds lent in using Kiva
  • 86.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mtama to purchase bundles of maize flour, rice and wheat flour for food preparation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Mtama. It was first posted on Kiva on May, 2012. Learn More