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Monica
Monica, age 53, is married and lives with their 7 children, three of whom attend school. She runs a business which she started 10 years ago, selling clothes. She also operates a kiosk. It is in this area that she wants to expand. Even though Monica never finished school, she has succeeded by working about 4 hours a day and keeping up with her housework and caring for her 3 children who still live with them. Her son mostly assists her in operating the kiosk.

Despite the long days and all the hard work, she dreams of making her business grow and achieving a more dignified life for her family. For this purpose, she is requesting a loan from Kiva so that she can increase the variety of her products and improve their quality. She hopes to buy sugar, flour and other fast-selling products. Monica will be able to have more income and a greater margin of utility in order to offer her children a more promising future.

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
  • 832
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 83.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Monica to buy sugar, flour and other fast-selling products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Jul 30, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013