Masudi is a married man who has two girls and two boys, all of whom attend school. He owns a house that has neither electricity, nor piped water. His greatest monthly expense is the high cost of purchasing seedlings for farming.
For the past six years, he has operated a retail shop business, selling in a shop and from home to his neighbours and passersby. In addition he also operates a motorcycle business, which contributes to his other source of income. He faces a major challenge of high cost of transportation in his business. Masudi dreams of establishing a wholesale shop in the future.
With the KES 40,000 he wants to purchase stock of food, bundles of maize flour, wheat flour, rice and sugar. 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.