Rose is a married woman. She has seven children with all currently enrolled in school. Her husband works as a mechanic. Rose operates a business selling charcoal, maize and firewood and sells her goods from home. She's worked in this business for three years and her primary customers are cafes and neighbors. She owns a house that has piped water but no electricity. She describes her greatest business challenges to be transportation and seasonality and her largest monthly expense is school fees.
Rose will use the Kes 50,000 loan to buy charcoal bags and build a shelter to cover the firewood. Rose aspires to earn enough capital to open a poultry business in the future. She joined Yehu because of their low interest rates and membership fees compared to other organizations.
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.