Hillary is a married man with three children. He owns a house with neither electricity nor piped water. His greatest monthly expense is food for his family.
Hillary has operated a charcoal selling business for the past 6 years; his potential clients are local residents. He faces a major challenge of competition from other operators in the market. He dreams of opening a retail shop in the future.
With the Kshs 30,000 loan Hillary wants to purchase 80 sacks of charcoal for resale. He decided to join Yehu Microfinance to access loans.
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.