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Roseline

Update on Roseline

Roseline appreciates her previous Kiva loan that improved her living standards. She is requesting a loan of KES 50,000 to purchase more stationary items, such as pens and books for her business .

She feels that she was able to make a good investment with her previous loan, which to date, has allowed her to maintain her level of profits to help her family cover their personal expenses.

Previous Loan Details

In every day of the week, Roseline is seen in her small stationery store with her daily activities in progress. She lives with her life companion in the town of Samburu but they are not yet blessed with children. Her husband is a driver. She has been in this business for the last two years and sh... More from Roseline'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
  • 596
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Roseline to purchase more stationary items, such as pens and books for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 3, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014
This photo was used before for a previous loan for Roseline. It was first posted on Kiva on Nov, 2012. Learn More