Caroline is a married woman with two children, both of whom attend school. They live in a rental house that has electricity and piped water. Her greatest monthly expenses are food and rent bills.
For the past two years, she has been selling second-hand clothes wholesale and retail, at the market and from door to door. She faces a major challenge of seasonality in her business. During the holiday season the demand for clothes is higher while during the months of January to July the demand is lower. Caroline dreams of establishing a clothes-selling stall in the future.
With the Kshs 40,000 she wants to purchase five bales of used clothes for resale. She decided to join Yehu to access loans to uplift 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.