Mwanatumu is a divorced woman. She is the mother of six children, three of whom attend school. For more than three years, she has been a merchant, an activity she began with the aim of helping with the household expenses. She does this by travelling to Mombasa town, where she buys perfumes, clothing, and bags, and selling them in various neighborhoods. Her main customers are women, although she also sells to men.
Currently, her financial indicators show a high turnover of merchandise. This shows a business with considerable potential for growth, even though her greatest challenge is having sufficient working capital to respond with many more products to a market that is waiting to buy them from her.
This is why she is applying for her Kiva loan, her fifth loan from Yehu Microfinance. By means of this loan, she will buy mainly perfume, clothing, and footwear. With this, she will impress her clientele with various fashion designs and original aromas.
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.