Mwangeka is a single man who owns a house that neither has electricity nor piped water. His greatest monthly expense is food for the family.
For the past three years, he has operated a retail shop business, selling to his neighbours and passersby. He faces a major challenge of the high cost of transportation in his business. Mwangeka dreams of expanding to a wholesale shop in the future.
With the Kshs 40,000 he wants to purchase bundles of wheat flour, maize flour and sugar for resale. 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.