Susan is a married woman, with one child who is underage. She lives in a rental house that has electricity and piped water. Her greatest monthly expenses are rent, food, and school fees.
For the past seven years, Susan has operated a beauty salon business. Her potential customers are neighbors and passersby. She faces a major challenge of seasonality in her business.
With the KES 40,000 loan, she wants to purchase two blower machines, hair extensions, facial kits, relaxing chemicals, shampoo, and hair food. She decided to join Yehu Microfinance Trust because of favorable loaning requirements.
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.