Bakari is 52 years old. He is a married man who has 10 children, two of whom are enrolled in school. He lives in his own house that has neither electricity nor running water. His greatest monthly expenses are food and school fees.
For the past 20 years, he has been buying livestock, fattening them and selling them to his customers at the market. The major challenge Bakari faces is seasonality as there is not enough grass to graze the livestock during dry seasons. He dreams to be able to hire employees to look after his livestock.
With the loan of 20,000 KES, he wants to purchase additional cows to sell. He decided to join Yehu in order to gain access to loans to grow 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.