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.
