Gwede is a 24 years old single man who lives in a rental house with electricity and piped water. His greatest monthly expenses are food for himself and house rent.
Gwede has operated a tailoring business for the past 3 years, his potential clients are the local area residents. He faces a major challenge of rising commodity prices in the market. He dreams of expanding his business.
With the Kshs 30,000, he wants to purchase fabrics and embroideries for his business. He decided to join Yehu to access capital 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.