Silas is a married man with five children, all of whom attend school. He lives in a rental house that has neither electricity nor piped water. His greatest monthly expenses are rent bills and school fees.
For over 10 years, he has operated a polythene bag-selling business, selling from door to door to his neighbours and passersby. He sells polythene bags to shop owners, hotel operators and retail shop operators. He faces a major challenge of theft and high cost of transportation in his business. Silas dreams of purchasing a motorcycle for transporting goods from one place to another in the future.
With the Kshs 60,000 he wants to purchase sacks of polythene bags 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.