Funded

Total loan: $625
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Maria

Kenya
Bungu, Kenya / Retail

A loan of $625 helped to purchase stock for her store and other items for her video business.


Maria's story

Maria is a married woman with three children who all attend school. Her husband is a primary school teacher and he contributes to the family's basic needs. She has been operating her retail shop for the past ten years and sells to the entire local community. She also runs a video show and cultivates plants as other sources of income.

With the Kshs 50,000 she wants to purchase stock (two 50kg sacks of sugar, rice and cooking flour); to purchase bulbs, wiring cables and sockets; and to pay a deposit of Kshs 35,000 to the Kenya power and lighting company.

Maria's major challenge is seasonality. In particular, sales are low during the months of January and February. She hopes to have a wholesale business in the future and to increase profits. She decided to join Yehu to get a loan for her business operations. She cited food as her greatest monthly expenses.



Loan details

Loan length:

14 months
Disbursed date: May 24, 2010
Facilitated by Field Partner: Yehu Microfinance Trust

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 24, 2010
Facilitated by Field Partner: Yehu Microfinance Trust