For the past 10 years, Mbeyu has operated a food vending business, selling at the market and door to door to her neighbours. She faces the major challenge of competition from other food vendors in the market, and hopes to own a retail shop in the future.
Mbeyu decided to join Yehu to access loans to uplift her living standards, and is requesting a Kshs 30,000 loan to purchase building blocks for her house.
About Yehu Microfinance TrustThis 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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