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Saumu
Saumu is a married woman with one child who graduated from school. She lives at her own house that has electricity and piped water. Her greatest monthly expense is the electricity bill.

For the past eight years, she has operated a charcoal selling business, she sells from home to her neighbors and passersby. Saumu not only operates a charcoal selling business but also owns real estate, which contributes to her other source of income. She faces a major challenge of seasonality in her business.

With the Kshs 60,000 loan request, she wants to purchase 10 sacks of charcoal and firewood for sale. She decided to join Yehu to gain access to loans that will boost her business.

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
  • 1008
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 83.4
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $725 helped Saumu to purchase 10 sacks of charcoal and firewood for sale.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Possible
Ended:
May 16, 2012