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Nichodemus
Nichodemus is married, and has two children who attend school. He owns a house that has electricity but not piped water. His greatest monthly expense is school fees for his children.
For the past six years, he has operated a rental house leasing business. His major challenge is seasonality.
With the KES 20,000 he wants to refurbish the rental house by painting it. He decided to join Yehu to access loans to boost his business and improve his living standards.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kenya

  • $1,800
    Average annual income
  • 715
    View loans »
    Kenya Loans Fundraising
  • $42,281,825
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Nichodemus to refurbish his rental house by painting it.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
May 5, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014