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Ali
Ali is a married man with four children, all of whom attend school. He lives in a rental house that has neither electricity nor piped water. His greatest monthly expenses are school fees and rent bills.

For the past ten years, he has been operating a fresh water selling business. His potential customers are people in the neighbouring community. Ali faces a major challenge in the seasonality demands in his business. During dry summer season, the availabilty of water for sale is low compared to the high demand. He hopes to expand and establish a wholesale shop in the future.

With the Kshs 20,000, he wants to open a retail shop and purchase bundles of wheat flour, maize flour, and rice. He decided to join Yehu because of its efficient loan process.

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
  • 764
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Ali to start a retail shop and purchase wheat flour, maize flour, and rice.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2011
Listed
Jan 26, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012