Mohammed is a married man with three children, two boys and one girl. Two of his children attend school while one is still too young for school. He owns a house that has neither electricity nor piped water. His greatest monthly expenses are food, school fees and clothing.
For the past eleven years, he has operated a cosmetic shop, selling retail to his neighbours and passersby. He faces a major challenge of the high cost of transportation and competition from other cosmetic shop operators in his area of operation. He dreams of purchasing a motorcycle for transport business in the future.
With the Kshs 40,000 he wants to purchase cosmetics for sale. He decided to join Yehu to access loans to improve his living standard.
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.