Mary is a married woman with five children, all of whom attend school. She owns a house that has neither electricity nor piped water. Her greatest monthly expense is school fees for her children.
She has operated her charcoal selling business for over five years, neighbors and passersby being her potential customers. She faces the challenges of high transport cost and government forest conservation policies. She hopes to own a matatu (fourteen passenger van) in the future.
Mary decided to join Yehu because of its simple procedures and minimal collateral. With the 40,000 KES she wants to purchase sacks of charcoal for resale.
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.