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Gibson
Gibson lives in a rental house that has neither electricity nor running water. His greatest monthly expenses are food and school fees.

For the past few years, he has operated a food kiosk business, selling food such as maize flour and cooking fat to his neighbours and passersby. Gibson names the high cost of seasonality as his major business challenge. He dreams of establishing a wholesale shop in the future.

With the 50,000 Kenyan shillings (KES) loan that he has applied for, he wants to purchase more goods such as maize flour, rice, beans, sugar and cooking oil. He decided to join Yehu to access loans to boost his business.

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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 353
    View loans »
    Kenya Loans Fundraising
  • $38,092,825
    Funds lent in using Kiva
  • 85.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Gibson to purchase maize flour, rice, beans, sugar and cooking oil.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jun 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014