Funded

Total loan: $325
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Richard

Kenya
Msambweni, Kenya / Services

A loan of $325 helped to purchase a washing machine and detergents.


Richard's story

Richard is a 27-year-old single man. Richard operates a laundry and sells his goods in a shop. He's worked in this business for five years and was previously employed as a farmer. His primary customers are residents. He describes his greatest business challenge as seasonality and his highest monthly expense is food. He owns a house that has neither electricity nor piped water.

Richard will use the KES 25,000 loan to purchase a washing machine and detergents. Richard aspires to open a big shop in the future. He joined Yehu because of its flexible policies that favor customers' needs.



Loan details

Loan length:

14 months
Disbursed date: February 22, 2012
Facilitated by Field Partner: Yehu Microfinance Trust

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 22, 2012
Facilitated by Field Partner: Yehu Microfinance Trust