Nudha and her husband have two children, all of whom attend school. They live in Likoni city of Mombasa.
Nudha operates a business making and selling fried foods at an open air market. She started the business because she needed a way to support her family. She starts her days early, working Mondays to Sundays, and she tells us that weekends and holidays are especially busy because there are more people around those days. Her goal for the future is to grow her business and then open a restaurant. Her sales are increasing by the day but she doesn't have enough working capital to expand further.
Nudha is applying to Yehu Microfinance and Kiva for a loan that she will use to buy wholesale supplies of maize, cooking oil and everything else that she needs to operate her business. The investment will allow her to buy what she needs for less than she would otherwise have to pay and avoid ever-rising prices. The savings will go to her rather than her suppliers. That's the power of Kiva loans and why this loan will be successful.
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.