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Naomie

Update on Naomie

Naomie appreciates her previous Kiva loan that has improved her living standards and has enabled her to expand her business and earn a higher income. She is requesting for a loan of Ksh 40,000 to purchase hair oil and hair chemicals for her beauty salon business. She thanks Yehu for their financial support.

Previous Loan Details

Naomie is a hairdresser who owns a beauty salon in Likoni, near Mombasa town. She is married and has 2 children. Naomie has been a hairdresser for 4 years. She uses her income to feed and clothe her children, and pay their school fees. She will use her loan to purchase hair creams, hair extensions… More from Naomie'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
  • 418
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Naomie to purchase hair oil and hair chemicals for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014
This photo was used before for a previous loan for Naomie. It was first posted on Kiva on Mar, 2013. Learn More