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Update on Santa

Santa has been running a convenience store for several years with his wife, who helps him attend to the clients. They work in the store from Monday to Sunday. He says that the previous loan has been of great help to him.

With this new loan, he hopes to invest in the purchase of more merchandise to grow his business, such as beans, rice, sugar, flour, sweets, detergents, salt, etc. This will help him to increase his sales offerings and better serve his clients.

His goal is to have a better income through his business, so that he can help his parents with some of their expenses and his children with their studies.

Previous Loan Details

Santa is a married man with two children, both of whom attend school. He owns a house that has neither electricity nor piped water. His greatest monthly expense is school fees. For the past year, he has operated a retail shop, selling to his neighbors and passersby. He faces a major challenge ... More from Santa'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
  • 400
    View loans »
    Kenya Loans Fundraising
  • $50,341,275
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Santa to purchase bundles of wheat flour, sugar, maize flour, and kerosene to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 12, 2012
Oct 28, 2012
Currency Exchange Loss:
Aug 17, 2013
This photo was used before for a previous loan for Santa. It was first posted on Kiva on Jul, 2011. Learn More