Khalfan M. is a married man with no children. He owns a home with electricity but no piped water. His greatest monthly expenses are food and transport costs. He decided to join Yehu in order to obtain a loan to raise his standard of living in the future.
Khalfan has operated a barber shop for three years, and he faces the major challenge of theft. His wife is a hairdresser by profession and she contributes to the family's basic needs. His wife's contributions are his other source of income.
He would like to use this loan of 20,000 Kenyan shillings (Ksh) to pay the rent to start another barber shop. His potential customers are men and school-going children. Khalfan hopes to someday own a salon as well as another barber shop.
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.