Peter is a married and has two children, both of whom attend school. He lives in a rental house that has electricity and piped-in water. His greatest monthly expense is buying food for his family.
For the last several years, Peter has made a living by running a store where he sells items to people who live in his community. He also runs a business on the side where he grows and sells vegetables. His main challenge is that his income varies by season, and he would like to resolve that problem in the future by opening a retail business.
Peter recently joined Yehu to get financial help to improve his business. He has applied for a loan for Kshs 30,000 to buy maize flour, sugar, beans, rice and phone cards to sell to his customers.
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.