Peggy is a married woman with four children, all of whom attend school. She lives in a rental house that has neither electricity nor piped water. Her greatest monthly expenses are food and school fees.
For the past four years, she has operated a food kiosk business, selling foodstuffs like maize flour and cooking fat to her neighbours and passersby. She mentioned high cost of seasonality as her major challenge and she dreams of establishing a wholesale shop in the future.
With the Kshs 20,000 she wants to purchase maize flour, rice, beans, sugar, and cooking oil. 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.