Evans is a married man with one child who attends school. His wife is a businesswoman and she supports the family with the earnings from her business. They live at a rental house that has electricity but not piped water. His greatest monthly expense is school fees for his child.
For the past two years, he has operated a spare parts business, selling oil, tubes and tires at the market to his neighbours and motorcycles operators. Evans not only depends on his spare parts shop but he also operates a butcher shop. He faces a major challenge of seasonality in his business.
With the 40,000 Kenyan shillings (KES) loan he is requesting he wants to purchase oil, tubes and tires for sale. He decided to join Yehu to access loans to boost his 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.