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

Update on Mary

Mary is a hardworking woman who has been providing for her family. The previous loan helped her to buy cows to sell.

Here again she comes to you requesting a loan of KES 50,000 to purchase two cows to sell. In addition she sells cereals to supplement her income.

Previous Loan Details

Mary is a married woman with six children, five of whom attend school and one who is still too young. She owns a house without electricity or running water and her greatest monthly expenses are food and school fees. For the past year, Mary has operated a business trading cows at the market to cow... More from Mary'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
  • 960
    View loans »
    Kenya Loans Fundraising
  • $41,061,950
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $575 helped Mary to purchase two cows to sell.
91% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2014
Listed
Jun 29, 2014
Currency Exchange Loss:
Possible