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Mwanamisi

Update on Mwanamisi

Mwanamisi appreciates the previous loan she received that enabled her to add more stock of firewood for her business. In addition she owns a clothing business, and she is requesting a loan of Ksh 50,000 to purchase more bales of clothes for her clothing business. She thanks Kiva and Yehu for their financial support.

Previous Loan Details

Mwanamisi is a single beautiful lady who lives with her parents. She has a business selling firewood from home, selling to the neighborhood. Her primary customers are fish sellers and hotel operators. She was able to set up her business with a bit of money she had saved up, through a merry-g... 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
  • 961
    View loans »
    Kenya Loans Fundraising
  • $41,127,600
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Mwanamisi to purchase more bales of clothes for her clothing business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014
This photo was used before for a previous loan for Mwanamisi. It was first posted on Kiva on Sep, 2012. Learn More