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Amina

Update on Amina

Amina is a very hardworking and enterprising woman who says that she has been able to greatly increase her income and help her family, thanks to her hard work.
Besides selling bags, she prepares and sells fried potatoes. She is asking for a loan to buy potatoes and cooking oil for her business. She is grateful for the financial support she has received.

Previous Loan Details

Amina is a married woman with eight children, all of whom graduated from school. She owns a house that has electricity and piped water. Her greatest monthly expense is food for the family. For the past 12 years, she has operated a bags selling business, selling from door to door to her neighbors… More from Amina'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
  • 624
    View loans »
    Kenya Loans Fundraising
  • $39,149,275
    Funds lent in using Kiva
  • 88.0
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $575 helped Amina to buy potatoes and cooking oil for her business.
75% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible