Khamis is a 48-year-old married man with 10 children living in Kaloleni, Kenya. He has been running a coconut-selling business for six years. He started with 3,000 KES and now has over 30,000 KES as working capital. His hardships are the seasonal nature of the business and inadequate capital to purchase stock. His personal goals are educating his children and building a permanent home, while his business goals are expanding his business and to own a wholesale operation. Khamis wants a loan to buy more coconuts for sale.
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.