David, age 30, is a mechanic by profession. He also runs a grocery store in his home, which is operated by his wife. They have been engaged in this business for the last four years and sell such items as fruits, vegetables, bread, and dairy products. With this business, David and his wife are able to pay the rent for the house where they live with their two children.
The business is currently doing well, and the demand for the products offered in the store has increased steadily over the last few months. David would like to buy staple goods like flour, rice, sugar, and vegetables in larger quantities, because in this way he will be able to get a better price from his providers.
For this purpose, he is requesting a loan in the amount of Kes 30,000, which he will use to invest in these purchases.
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.