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Saumu
Saumu is a married woman with three children, all of whom attend school. Her husband is a businessman and he contributes to the family's basic needs. She lives in a rental house with no electricity nor piped water. Her greatest monthly expense is school fees.

She has been operating her vegetable stall for the last eight years, selling at retail prices to local customers, especially neighbors and passersby. Saumu faces the major challenge of seasonality in her business. Her major aim is to become a shopkeeper in the future.

She decided to work with Yehu because of its easy policies and procedures. With the 30,000 KES loan she wants to purchase bananas, tomatoes and oranges to sell. She sells fried fish as another source of income.

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
  • 1040
    View loans »
    Kenya Loans Fundraising
  • $40,893,425
    Funds lent in using Kiva
  • 80.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Saumu to purchase bananas, tomatoes and oranges.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2010
Listed
Aug 31, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011