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Ngala
Ngala is a married man with three children, all of whom go to school. He owns a house that has neither electricity nor piped water.

For over 10 years, Ngala has operated a cereal business, selling from home to his neighbors and passersby. He faces a major challenge of seasonality in his place of operation.

With the 40,000 KES, he wants to purchase stock of beans, rice and maize for resale. 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
  • 1182
    View loans »
    Kenya Loans Fundraising
  • $40,486,000
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Ngala to purchase stock of beans, rice and maize for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 14, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 25, 2014