Mbovu is 28 years old and lives in the town of Kaloleni in the coastal region of Kenya. He is married and has two children who are still too young for school. For the past three years, Mbovu has been working hard to manage his fish selling business which has been growing each day. In addition,he sells fried potatoes from the same place.
To help expand his business, Mbovu has requested a loan of 30,000 Kenyan Shillings from Yehu. The loan will be used to buy more fish, cooking oil, and a sack of potatoes, and will help Mbovu to generate greater profits and increase his daily income. Mbovu hopes that in the future he will be able to open up a big retail shop.
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.