Florence is a married woman with four school-going children. Her husband is a businessman who contributes to the provision of the family's basic needs. She lives in a rental house with electricity and piped water. Her greatest monthly expenses are food for her family and school fees for her children.
Florence has operated a charcoal selling business for the past three years; in addition, she operates a grocery. Her potential clients are her neighbors. She faces the major challenge of competition from other operators. She dreams of establishing a retail shop in the future.
With the Kshs 50,000 loan, she wants to purchase ten sacks of charcoal and vegetables like onions and tomatoes for resale. She decided to join Yehu to access funds and improve her living standards.
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.