Fatuma is a very enterprising woman who generates income for her family from her business. She sells various kinds of merchandise, such as women's dresses and baby clothes, which she delivers to each customer according to what the customer has ordered from her. She sells on credit and gets back her investment weekly, biweekly, or monthly, depending on the agreement with her customer.
She started working as a merchant seven years ago. As she wants to continually improve her business, her working capital is no longer sufficient, especially during times when her business' turnover increases, such as the middle of the year. This is why she has sought out a Kiva loan through her third financing experience with Yehu Microfinance Trust.
With the loan, she will buy merchandise, such as elegant dresses and shoes, to fill her customers' orders and make sure they have the best.
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.