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Nelson
Nelson lives in Kaloleni where he has a grocery store. He chose this activity because he saw the need for one in his vicinity. Nelson is single and wants to move forward to prosper in the future and in preparation of his better living with his family when he gets married.

Nelson started with a small amount of capital he saved through casual wages. With this small sum he started his business, buying only snacks, soft drinks, sweets, and flour. He gradually increased his products according to the demand of his customers. He feels satisfied that thanks to this business, he has been able to cover the expenses for himself and help his parents. Nelson is requesting a loan to increase his inventory by purchasing stocks of flour, rice, sugar, and other small, fast-selling goods. His goal for the future is to have a bigger store. Nelson also has a motorcycle taxi which is operated by his brother.

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
  • 881
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 84.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nelson purchase stocks of flour, rice, sugar, and other small, fast-selling goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013