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Richard
Richard is a 27-year-old single man. Richard operates a laundry and sells his goods in a shop. He's worked in this business for five years and was previously employed as a farmer. His primary customers are residents. He describes his greatest business challenge as seasonality and his highest monthly expense is food. He owns a house that has neither electricity nor piped water.

Richard will use the KES 25,000 loan to purchase a washing machine and detergents. Richard aspires to open a big shop in the future. He joined Yehu because of its flexible policies that favor customers' needs.

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
  • 850
    View loans »
    Kenya Loans Fundraising
  • $42,938,250
    Funds lent in using Kiva
  • 82.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Richard to purchase a washing machine and detergents.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013