Maina is a 38-year-old married man. He has four children and all are enrolled in school. His wife's name is Florence and she works as a farmer. Maina operates a retail shop and sells his goods in that shop. He's worked in this business for seven years. His primary customers are local area residents. He describes his greatest business challenge to be seasonality and his highest monthly expense is food. He owns a house that has neither electricity nor piped water.
Maina will use the Kes 100,000 loan to purchase more stocks of maize flour, wheat flour, detergents, rice, cooking oil and beans for resale. Maina aspires to establish a wholesale shop in the future. He joined Yehu 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.