Mwalogo is married with six school-going children. He owns a house that has neither electricity nor piped water. His greatest monthly expenses are food and school fees.
Mwalogo has operated a business selling fish at the market for the past ten years. He sells to town dwellers and neighbors. He faces a major challenge of the high cost of purchasing fish, especially during cold currents in the deep sea.
Mwalogo is requesting a loan to purchase bundles of fish, cooking fat oil and firewood. He decided to join Yehu to access loans at a lower cost to improve his 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.