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Nimaneno

Update on Nimaneno

Nimaneno appreciates her previous loan for improving her living standards. Her previous loan enabled her to expand her business and earn a higher income from selling charcoal.

Apart from her charcoal selling business, Nimaneno sells lessos (cloth for women's wraps). She would like to apply for a loan of 20,000 Kenyan shillings to buy more pieces of lessos for resale.

She thanks Yehu for its financial support.

Previous Loan Details

Nimaneno is applying for another loan to expand her existing business. She will use this 10,000 KES loan to purchase more stock of charcoal for resale. In the future, Nimaneno aspires to continue improving her business. Since taking her last Kiva loan, Nimaneno has greatly improved her family... More from Nimaneno'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
  • 750
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 86.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Nimaneno to buy more pieces of lessos (cloth for women's wraps) for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015