Said is a married man with two children, one of whom attends school while the other one is still too young for school. He owns a house that has piped water but no electricity. His greatest monthly expense is food for the family.
He has operated a video show room and phone battery charging business for the last eight months. In addition he operates a retail shop that is his other source of income. Said faces a major challenge of seasonality. During the months of January and February the business is slow. He hopes to expand into the motorcycle transport business in the future.
With the 80,000 KES loan, he wants to purchase a boda boda (motorcycle) and start a motorcycle transport business. He decided to join Yehu to access loans 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.