Margaret is married and has five children, four of whom attend school while the fifth has already graduated. They live in a house that they rent and which has electricity but not piped-in water. Her single largest monthly expenses are food and school fees.
For more than 10 years, she has made a living running a retail shop where she sells household products to her neighbors. Her biggest challenge is the highly seasonal nature of her business. During winter, when it is very rainy, demand for her products falls off -- which is why she hopes to open a larger wholesale shop in the future.
She has applied for a loan for Kshs 40,000 to buy bundles of wheat and maize flour, rice, sugar and cooking oil to sell to her customers. She decided to join Yehu microfinance to help secure funding for 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.