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Ng'ombo
N'gombo would like to use this loan to purchase clothes at wholesale prices so that he can resell them in his district for a profit. It will be hard work for N'gombo but he expects to use the loan proceeds to make his business more profitable and to increase his family's income. N'gombo will reinvest the profits back into his clothing sales business so that he can increase his inventory and sales volume. As a result, he believes that his family will have more funds to satisfy their living expenses and to improve their living conditions.

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
  • 806
    View loans »
    Kenya Loans Fundraising
  • $40,310,750
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Ng'ombo to purchase clothes to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 23, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013