Hamad is a 49-year-old married man who has nine children, seven of whom are in school. He tells us that the first two are grown and are working and independent; one is in form three; two are in class eight; two are in class four; and the other two are in class three. Hamad lives in a flat area of a small town located in the city of Mombasa where business is common.
He has been selling fish at the market, and he has been doing so for over six years to make a living. In addition, he also owns rental houses, which provide him with income.
He is now requesting a loan that he intends to use to purchase a refrigerator. Hamad hopes this loan will enable him to increase his business and earn more income to provide a better standard of living and to keep his children in school.
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.