Martin is a married man with three children, all of whom attend school. He lives in a rental house that has electricity and piped water. His greatest monthly expenses are school fees and rent bills.
For the past three years, he has operated a bicycle-repair business. His potential customers are cyclists in his area. Competition is one of the major challenges Martin faces, because of similar business operators in his area. He dreams of expanding and establishing a motorcycle spare-parts shop in the future.
With the 40,000 Kenyan shillings (KES), he wants to purchase spare bicycle parts for his bicycle-repair business. He decided to work with 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.