Update on AminaAmina dries and sells fish to earn an income. She is grateful for her previous Kiva loan because it enabled her to achieve higher profits, which she used to pay school fees for her children and to improve her family's living standards.
She is requesting a new loan in the amount of KSH 20,000. She will use her loan funds to purchase different types of fish, cooking oil, and firewood for her business.
She thanks Yehu for offering access to micro-loans because they are significantly improving her business.
Previous Loan DetailsAmina is 39 years old and is divorced with five children who are currently in school. She lives in Tiribe and works selling dried shark. Amina has run her business for over ten years and is well-known. She gets her merchandise from the municipal market in the city. Amina is requesting a loan t... More from Amina's previous loan »
About Yehu Microfinance TrustThis 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.
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Success!! The loan was 100% repaid