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Mwanamisi

Update on Mwanamisi

Mwanamisi is a hardworking woman who still sells clothes. She greatly thanks Kiva lenders for supporting her financially.
She is requesting a loan to purchase 20 pieces of women's wrap clothes for her business. She joined Yehu to boast her business.

Previous Loan Details

Mwanamisi is a married mother of three children, all of whom attend school. She lives in a rental house that has electricity but not piped water. Her greatest monthly expenses are school fees and transportation, which is a major challenge. For the past two years, she has operated a clothing ... More from Mwanamisi'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
  • 947
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    Funds lent in using Kiva
  • 87.9
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $575 helped Mwanamisi to purchase 20 pieces of women's wrap clothes for her business.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2014
Listed
May 31, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015
This photo was used before for a previous loan for Mwanamisi. It was first posted on Kiva on Jul, 2013. Learn More