Omari is a single man who owns a house that neither has electricity nor plumbing. His greatest monthly expense is food for his family.
He has operated a fish selling business for the past eight years, selling to his neighbors and to passersby. One of the mains challenges Omari faces in his business is its seasonality. During rainy season his customers are fewer and hence lower income is earned. He hopes to be able to purchase a deep freezer and establish a new seafood stall in the future.
With the proceeds of this 15,000 Kenyan shilling loan, Omari wants to purchase a fishing net. He decided to join Kiva partner MFI Yehu so he could access loans with the hope of improving his business and his living standards.
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.