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Khalfan
Khalfan M. is a married man with no children. He owns a home with electricity but no piped water. His greatest monthly expenses are food and transport costs. He decided to join Yehu in order to obtain a loan to raise his standard of living in the future.

Khalfan has operated a barber shop for three years, and he faces the major challenge of theft. His wife is a hairdresser by profession and she contributes to the family's basic needs. His wife's contributions are his other source of income.

He would like to use this loan of 20,000 Kenyan shillings (Ksh) to pay the rent to start another barber shop. His potential customers are men and school-going children. Khalfan hopes to someday own a salon as well as another barber shop.

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.

About Kenya

  • $1,800
    Average annual income
  • 985
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 81.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Khalfan to start another barber shop, purchase hair-cutting machine, and pay for rent.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2010
Listed
Jul 17, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011