Juliet is a single mother who owns a house that has electricity and piped water. Her greatest monthly expenses are water and electricity bills. For the past three years, she has operated an M-pesa (mobile money transfer) franchise. Her potential customers are neighbors and town dwellers.
Juliet decided to join Kiva field partner Yehu to access loans with the hope of boosting her business. She plans to use this 80,000 Kenyan shilling loan to increase the money float she uses in the mobile money transfer business. She dreams of expanding her business in the future.
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.