Nancy is a married woman with three children, all of whom attend school. She owns a house that has electricity but not piped water. Her greatest monthly expenses are food and school fees.
For over ten years, she has been selling charcoal from home to her neighbours and passersby. In addition, she operates a tailoring business which contributes to her income. Nancy faces a major challenge of seasonality in her business. She hopes to open another business in the future.
With the Kshs 60,000, she wants to purchase sacks of charcoal for resale. She decided to join Yehu to access loans to improve her 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.