Agnes, aged 38 years, is married and has two kids. The children are 14 and 17 years old. The family lives at their own house, which has electricity and piped water. Agnes's greatest monthly expenses are food and rental bills.
She has owned rental houses for the past five years, and her customers are tenants and town dwellers. She faces a major challenge of a lack of capital to expand her business. She dreams of establishing more rental houses in the future.
With the loan she is requesting, KES 50,000, she wants to expand her business. To do so, she will buy cement, blocks and sand. She decided to join Yehu to access loans, to boost her business.
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.