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Mwashamba, 37, lives in Msambweni and has a family business preparing food, such as fried food and fast food. She is gradually making progress attracting customers, mainly in the neighbouring community. Now she is applying for her first loan because she needs to grow and to do that she needs to find suppliers from whom she can buy in volume and on a cash basis, as they offer a better price. This is the reason for this Kiva loan, the fourth loan that she has taken from Yehu Microfinance Trust. She will use this loan to buy raw materials, such as cooking oil, cereals, and tubers. Her investment will be successful because she will get discounts that will increase her profits right away and also benefit her customers. Her goal for the future is to have her own place where she can operate a big restaurant, offering a variety of dishes that are specialties of the region. While she works to achieve her dreams, she will manage a 15-day rotation of accounts receivable, and her inventory turnover will be every 2 days; these are the financial indicators from which she projects her growth.

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.

About Kenya

  • $1,800
    Average annual income
  • 469
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 83.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mwashamba to buy raw materials, such as cooking oil, cereals, and tubers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jun 8, 2012
Jun 26, 2012
Currency Exchange Loss:
Apr 17, 2013