N'gombo would like to use this loan to purchase clothes at wholesale prices so that he can resell them in his district for a profit. It will be hard work for N'gombo but he expects to use the loan proceeds to make his business more profitable and to increase his family's income. N'gombo will reinvest the profits back into his clothing sales business so that he can increase his inventory and sales volume. As a result, he believes that his family will have more funds to satisfy their living expenses and to improve their living conditions.
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.