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Tatu

Update on Tatu

Tatu operates an open air food selling business, selling dumplings from home to her neighbours and passersby. She faces a major challenge of seasonality in her place of business.

With this KSH 50,000 loan, Tatu wants to purchase bundles of wheat flour, cooking fat, sugar and salt for her business. She decided to join Yehu to access loans to boost her business and she appreciates the support given from Yehu and Kiva.

Previous Loan Details

Tatu is a married woman with 5 children, all of whom are adults. She owns a house that has neither electricity nor piped water. Her greatest monthly expense is food for the family. She has operated an open food market business for the past 20 years, selling from home to her neighbours and pass... More from Tatu'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
  • 615
    View loans »
    Kenya Loans Fundraising
  • $39,970,625
    Funds lent in using Kiva
  • 86.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Tatu buy food to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014