Ali is a married man with four children, all of whom attend school. He lives in a rental house that has neither electricity nor piped water. His greatest monthly expenses are school fees and rent bills.
For the past ten years, he has been operating a fresh water selling business. His potential customers are people in the neighbouring community. Ali faces a major challenge in the seasonality demands in his business. During dry summer season, the availabilty of water for sale is low compared to the high demand. He hopes to expand and establish a wholesale shop in the future.
With the Kshs 20,000, he wants to open a retail shop and purchase bundles of wheat flour, maize flour, and rice. He decided to join Yehu because of its efficient loan process.
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.