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Beatrice
Beatrice lives in Samburu, Kenya and has a family business selling groceries such as beans, rice, sugar and peas. Her business started two years ago. She is gradually making progress attracting customers, mainly in the neighborhood. Now she is applying for her first Kiva loan though Yehu Microfinance, because she needs to grow and to do that she needs to find suppliers from whom she can buy in volume and on a cash basis, as they offer a better price. This is the reason for this Kiva loan, the second loan that she has taken from Yehu Microfinance Trust. She will use this loan to buy sacks of rice, beans, peas and sugar. Her investment will be successful because she will get discounts that will increase her profits right away, and also benefit her customers. Her goal for the future is to have her own place where she could operate a big grocery store.

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
  • 432
    View loans »
    Kenya Loans Fundraising
  • $38,192,375
    Funds lent in using Kiva
  • 84.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Beatrice to buy sacks of rice, beans, peas and sugar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013