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Jabu

Update on Jabu

This is Jabu. Her previous loan was a big help in her business. She was able to purchase more bundles of fish for her business.

She would like to apply for a loan of KES 50,000 to purchase bundles of fish, cooking oil and firewood. Her profits from the business will definitely help her to sustain her daily needs and the educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.

Previous Loan Details

Jabu is a widow and mother of nine children. Three of them still attend school. She owns a house that has neither electricity nor piped water. Her greatest monthly expenses are food and school fees. For the past ten years, she has operated a fish selling business, selling from home to her nei... More from Jabu'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
  • 932
    View loans »
    Kenya Loans Fundraising
  • $41,730,500
    Funds lent in using Kiva
  • 85.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Jabu to purchase bundles of fish, cooking oil and firewood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 6, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 25, 2014
This photo was used before for a previous loan for Jabu. It was first posted on Kiva on Apr, 2013. Learn More