Joseph is a sole proprietor businessman who operates a butchery in a rural setting. His customers are mainly neighbors and passersby. He has been in this business for ten years and earns an income of 9,000 KES per month.
Joseph is married and together, he and his wife are blessed with two children; both of whom attend school. His wife is a farmer and this adds to the family income. Joseph was introduced to YEHU by an existing client; he has no history with any other MFI. He is applying for his first loan of 30,000 KES from YEHU, with which he intends to buy more goats and cows for more meat to sell in his butchery.
His major aim is to firmly establish his business and see his children get a better education in future.
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.