From Deseret News archives:

Microloans in Africa

Published: Thursday, Dec. 8, 2005 12:00 a.m. MST
PRINT | FONT + - 
Louis Pope started Yehu Microfinance in 2000. He and executive director Troy Holmberg volunteer their time with a staff of 40 in Kenya. Some quick facts about Yehu's operation:

Current borrowers: 4,839

Percentage who are women: 95

Average loan size: $119 (8,700 Kenyan shillings)

Repayment rate: 94 percent

Total loans: 11,500

Total funds loaned: $500,000


Source: Yehu Microfinance (numbers through October)

About this ad

View Comments

DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.

– About Comments

rss icon

Recommended in Utah

Story

Officials confirmed Friday that a man and a woman from Wyoming were killed in a plane crash.

Story

A state senator vows that proposed changes to Utah's open records law this year won't be controversial.

Story

Dozens of Cache Valley residents gathered to release balloons in memory of Charlie and Braden Powell.

No. Utah sees a major earthquake every 350 years. Last one? 350 years ago.