Update on BahatiBahati makes a living selling charcoal, and thanks to her previous Kiva loan, she has been able to continue with her business. She is a very hardworking woman who is dedicated to her business and supporting her family.
Thanks to her previous loan, Bahati has expanded and improved her overall business as well as the quality of her products. She plans to use the support from this loan to purchase 10 sacks of charcoal for resale. She is very grateful for this opportunity.
Previous Loan DetailsBahati is taking out another Kiva loan of KES 40,000 to start a charcoal business. With the loan, she wants to purchase sacks of charcoal for resale. Since the previous loan, her monthly profits increased and she has been able to provide basic needs to her family. More from Bahati's previous loan »
About Yehu Microfinance TrustThis 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.
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