Mwadiga is a married man with seven children, three of whom attend school while four have already graduated. He owns a house that has electricity and piped water. His greatest monthly expenses are food and school fees.
He operates a retail shop selling sugar, wheat flour, cooking oil and maize flour. His potential customers are the local residents. Mwadiga faces a challenge of transportation. He incurs a high cost while transporting goods from the market to the shop for resale. He hopes to open a wholesale shop in the future.
With the Kshs 40,000, he wants to purchase more stock of wheat flour and maize flour for resale. Mwadiga decided to join Yehu to gain knowledge of business operations and to get loans to boost his business.
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.