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Bakari
Bakari is married and has six children, all in school. He owns a house that has electricity but no piped water. His greatest monthly expenses are food and school fees.

He has operated a fish selling business at the market for the past 26 years, selling to town dwellers and neighbors. He faces a major challenge of the high cost of purchasing fish, especially during cold currents in the deep sea.

He is requesting a loan of Kes 50,000 to purchase bundles of fish, cooking oil and firewood. He decided to join Yehu to access loans at a lower cost, in order to improve 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
  • 953
    View loans »
    Kenya Loans Fundraising
  • $41,127,550
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Bakari to purchase bundles of fish, cooking oil and firewood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014