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Mwanakombo
Mwanakombo is married and lives in Kisauni, in the city of Mombasa. She is a salesperson and sells firewood to her neighbouring community members. She began her business in 2006 selling firewood and, little by little, she increased her stock due to her customers' demand. Mwanakombo’s sales are mainly cash down although she also sells on credit to some customers on a short-term basis depending on what they agree.

Some time ago, Mwanakombo decided to take advantage of the market and began to sell charcoal. She has done very well and has been able to see her store grow. Her business is growing and she has to buy everything that her customers want, so it is a great challenge to her. This is why she needs a Kiva loan, her third loan through Yehu Microfinance. She will buy bundles of firewood and charcoal to be able to meet and satisfy the needs of her customers. Mwanakombo wants to have sales with special prices, since she will be able to buy in greater quantities and this will guarantee the success of her Kiva loan investment.

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
  • 433
    View loans »
    Kenya Loans Fundraising
  • $38,192,375
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mwanakombo to buy bundles of firewood and charcoal.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013