Funded

Total loan: $600
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Mohamed

Kenya
Msambweni, Kenya / Fruits & Vegetables

A loan of $600 helped to buy 200 pieces of coconuts for sale.


Mohamed's story

Mohamed is a 35-year-old married man. He has 4 children and 3 are enrolled in school. His wife's name is Mwanasha, a house wife. Mohamed operates a coconut business. He has worked in this business for 4 years. His primary customers are the people from the neighboring country. Mohamed's other source of income includes sales from farm produce. He describes his greatest business challenge to be price fluctuation and his highest monthly expenses are food and school fees. He owns a house that has neither electricity nor piped water. Mohamed will use the Kes 50,000 loan to add more stock by buying 200 pieces of coconuts. Mohamed aspires to hire more employees in the future. He joined Yehu because of its product variety and policies.



Loan details

Loan length:

14 months
Disbursed date: June 26, 2012
Facilitated by Field Partner: Yehu Microfinance Trust

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 26, 2012
Facilitated by Field Partner: Yehu Microfinance Trust