Sharon is a married, mother of one child who stays at a rental house that has electricity and piped water. Her largest monthly expenses are food and school fees. For the past three years, she has operated a beauty salon business. She operates the business from home, where neighbors and passerby are her potential customers. Her major challenge is seasonality in her business. She dreams of expanding her business to accommodate more customers in the future.
With the 30,000 KES loan, she wants to purchase a hair drying machine for her business. She decided to join Yehu to access loans in order 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.