Kiva LogoKiva

Check out some available loans that are similar to this one!
Heremine
Paying Back

This loan has been fully funded!

A loan of $175 helped Heremine to pay for medical insurance coverage.

16% repaid
Repayment Term:
13 months (more info)
Repayment Schedule:
Monthly
Disbursed:
Feb 7, 2012
Listed
Feb 6, 2012
Currency Exchange Loss:
Possible
Default Protection
Not Covered
Heremine is a widowed woman with two children between the ages of five and seven, both of whom are enrolled in school. Heremine operates a business selling broiler chickens from her home. She's worked in this business for two years, and her primary customers are neighbors and restaurant operators. She describes her greatest business challenge as high cost of transportation, and her highest monthly expenses are food and rent bills. She rents a house that has electricity but no piped water.

Heremine will use the 12,725 KES loan to pay for medical insurance coverage. Heremine aspires to expand her business in the future. She joined Yehu because existing members were successful.

Additional information about this loan

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.

Yehu translates to “our” in Swahili. The organization focuses on rural entrepreneurs in Kenya’s Coast Province, with a keen focus on women. Yehu offers seven credit products, including water and health care loans, through the Grameen group lending methodology.

For more information on Yehu, please visit its partner page. To support Yehu and its borrowers, please join its lending team.

About the Country

Country:
Kenya
Average Annual Income:
$1,445
Currency:
Kenya Shillings (KES)
Exchange Rate:
83.5000 KES = 1 USD
Subscribe to updates from this loan