For the past 10 years, she has operated a weaving business, making mats and baskets and selling them from the market as well as door-to-door to her customers. The major challenge she faces is the high cost of traveling to the market. She dreams to increase her products so that she can sell them wholesale rather than retail.
With the loan of 50,000 KES she wants to purchase iron sheets to reconstruct the grass thatched roof of her house. She decided to join Yehu in order to gain access to loans to improve her standard of living.
About Yehu Microfinance TrustThis 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid