Florence is a married woman with a boy, 10, and a girl, 4, who both attend school. She rents her home and cites school fees, electricity, water, and rent as her greatest expenses. Her husband is a driver and she is a matatu (taxi van) operator. She also owns two matatus of her own.
Florence would like to open another business selling dry fish and mitumba (second-hand clothes) with her 80,000 KES loan. She hopes to provide her children with a good education and with assets. She decided to join Yehu because she believes that it is a good microfinance institution that can help women who are low-income earners.
About Yehu Microfinance Trust
This loan is administered by Yehu Microfinance Trust, which was founded in 1998 as a project of CHOICE Humanitarian Kenya. In July 2007, Yehu became a separate entity from CHOICE and was registered as a trust. Since then, Yehu has expanded to cover over half of Kenya’s 13 coastal districts.