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Michael
Michael is a 36-year-old single man. He operates a farming business and sells his products from home. He has worked in the business for 10 years. His primary customers are the villagers in his rural area. His greatest challenge is seasonality and his greatest monthly expense is food. Michael owns a house that has neither electricity nor piped water. He will use the KES 40,000 to purchase farm equipment and some seedlings. Michael aspires to open a new shop in the future. He joined Yehu for their low interest rates and good services.

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
  • 736
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 83.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Michael to purchase farm equipment and some seedlings.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013