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Yehu Microfinance Services Limited

Microfinance institution in Kenya that offers consumer credit for clean cooking solutions

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TECHNOLOGY AND BUSINESS MODEL

Consumer finance provider for clean cooking solutions

COUNTRIES OF OPERATION

Kenya

E&S RISK CLASSIFICATION

FI-3 - Low Risk

SPARK+ INVESTMENT

$975,000 senior unsecured debt investment(s)

USE OF PROCEEDS

Capital for on-lending to consumers for the purchase of clean cooking solutions  

WEBSITE

Yehu is focused on giving rural and marginalised micro-entrepreneurs access to innovative and sustainable financial solutions. Yehu has a regional focus in the coastal area of Kenya, an area generally less well-served by the microfinance industry. In addition, the MFI has a mobile banking platform that allows existing customers to make payments, deposit funds, and check their balances. The MFI sells clean cooking solutions on credit, including fuel-efficient biomass cookstoves as well as LPG cylinders and accessories.

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