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Ngalaa
Ngalaa lives with his life companion and their children in their own house. He has a store where he sells basic products such as foods, milk, bread, and soap, among other items. The store is located in his home in a busy area. He has had his little business for a number of years, and this has given him a lot of experience in sales, which allows him to achieve very good earnings and has given him a lot of customers. People prefer him because everything that he sells is of first quality at affordable prices and, above all, with excellent service.

Ngalaa is an entrepreneurial man, dedicated to his work. He is always looking for options that will give him a more prosperous future. For this reason, he strives to the maximum day after day to reach his goal.

In recent weeks demand has increased, and he wants to make a new investment but he doesn't have sufficient capital. For this reason he is applying to Yehu for a loan that will allow him to buy basic foods, instant products, candies, bread, beverages, etc.

Ngalaa has good payment references and is very responsible. He confirms that he will be able to pay off the debt and at the same time he has faith that he will give his family a better quality of life.

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
  • 635
    View loans »
    Kenya Loans Fundraising
  • $39,170,550
    Funds lent in using Kiva
  • 85.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Ngalaa to buy basic foods, instant products, candies, bread, beverages, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013