Albert is currently applying for a Kiva loan. He plans to use the funds to buy florescent lamps for his electrical business of fixing florescent bulbs in family houses. He needs to make purchases in large volume to earn good discounts so that his offer will be competitive. His goal for later on is to attain a good market position, to hire employees and to dedicate himself to running his business. With the loan, he wants to purchase electric bulbs for his business.
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.