Mohamed is married and has seven children, two of whom attend school and five of whom are adults. He has operated a fish selling business at the market for the past two years, selling to town dwellers and neighbors.
Mohamed is requesting a loan from Yehu, which he will use to purchase bundles of fish, cooking oil, and firewood. He decided to join Yehu to access loans at lower cost to improve his business. He faces a major challenge of the high cost of purchasing fish especially during cold currents in the deep sea. He owns a house that has electricity and piped water. His greatest monthly expenses are food and school fees.
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.