Yehu Microfinance Services Limited
Microfinance institution in Kenya that offers consumer credit for clean cooking solutions
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
$0.5 million senior unsecured debt investment
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.