Joseph is a married man with 2 school going children. His wife is a farmer. They own a house with neither electricity nor piped water. His greatest monthly expenses are food for his family and school fees for his children.
Joseph has operated a cereal selling business for the past 4 years; his potential clients are local villagers. He faces a major challenge of seasonality; during the dry season there are no harvests. He dreams of expanding business.
With the Kshs 40,000 loan he wants to purchase more cereal for resale. He decided to join Yehu Microfinance to access funds to expand 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.