Check out some available loans that are similar to this one!
Mwanatumu

Update on Mwanatumu

Mwanatumu appreciates the loan services she has received from Kiva and Yehu that have enabled her to add more stock of fish to her retail business, which enabled her to to earn more profits to take care of her family. In addition she sells lessos (women's wrap clothes) and charcoal.

She is requesting a loan of 45,000 KES to buy five sacks of charcoal and thirty pieces of lessos for her business. This will help her boost her business and generate more income.

Previous Loan Details

Mwanatumu is 28 years old, married, and has a daughter who is underage. In search of a source of income for her family, Mwanatumu started her own business selling fish in 2011 with an initial sum of 2,000 KES. Thanks to her persistence and hard work, she was able to increase her turnover of goods... 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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 710
    View loans »
    Kenya Loans Fundraising
  • $42,184,725
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Mwanatumu to buy five sacks of charcoal and thirty pieces of lessos (women's wrap clothes) for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2013
Listed
Aug 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Mwanatumu. It was first posted on Kiva on Sep, 2012. Learn More