Mohamed is a 35-year-old married man. He has 4 children and 3 are enrolled in school. His wife's name is Mwanasha, a house wife. Mohamed operates a coconut business. He has worked in this business for 4 years. His primary customers are the people from the neighboring country. Mohamed's other source of income includes sales from farm produce. He describes his greatest business challenge to be price fluctuation and his highest monthly expenses are food and school fees. He owns a house that has neither electricity nor piped water. Mohamed will use the Kes 50,000 loan to add more stock by buying 200 pieces of coconuts. Mohamed aspires to hire more employees in the future. He joined Yehu because of its product variety and policies.
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.