Omar is a single man who lives in a rental house that has electricity but not piped water. His greatest monthly expenses are food, rent and bills.
For the past five years, he has operated a business selling spare parts to his neighbours and passers-by. He faces a major challenge of competition from other spare part vendors in the area. He dreams of expanding his business in the future.
With his KES 80,000 loan Omar wants to purchase more spare parts to sell. 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.