Check out some available loans that are similar to this one!
Mwenda

Update on Mwenda

Mwenda appreciates her previous loan that improved her living standards. Her previous loan enabled her to expand her business and earn a higher income. She would like to apply for a loan to buy more food ingredients, such as onions, cooking oil, wheat flour for her business. She thanks Yehu for their financial support.

Previous Loan Details

Mwenda is from Tiribe. She's a merchant and the owner of a food market. She has been doing this work for more than ten years and she has become very well known among the customers who go there. Mwenda's a person with a lot of enthusiasm who likes to get ahead. That's why she works so hard. She... More from Mwenda'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
  • 860
    View loans »
    Kenya Loans Fundraising
  • $43,028,475
    Funds lent in using Kiva
  • 87.8
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $575 helped Mwenda to buy more food ingredients such as onions, cooking oil, wheat flour for her business.
99% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2014
Listed
Jun 15, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015
This photo was used before for a previous loan for Mwenda. It was first posted on Kiva on Feb, 2013. Learn More