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Asani
Asani is a married man who lives in Mwambalazi, Kenya with his wife and seven children, ages between 12 and 25 years, respectively.

He works in a retail shop selling stall, a business that he started 20 years ago. Currently, his business has a weekly-day inventory turnover because his product is purchased daily. He sells daily to his client base which is made up of neighbors and passersby and from there they go from business to business to sell bread throughout the city. His profit is still very small, but the volume of sales allows him to sustain his business and expand to other municipalities. His biggest challenge is insufficient working capital to achieve growth. That is why he is applying for a Kiva loan, his first funding from Kiva Field Partner, Yehu Microfinance Trust. He will use the loan to buy basic ingredients such as wheat flour, butter, eggs and cheese, thereby increasing his productive capacity and thus his income.

His dream for the future is that his children should achieve a personal and professional education.

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
  • 874
    View loans »
    Kenya Loans Fundraising
  • $41,659,250
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Asani to buy basic ingredients such as wheat flour, butter, eggs and cheese.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 28, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013