Peter has operated an electronics shop for the past two years, selling items in retail to his neighbours and passers-by. His business's primary challenge is seasonality.
With the Kshs 70,000 loan he has requested, he would like to purchase electronic items to offer for sale as well as a photocopier for his shop. He decided to join Yehu in order to to access loans to boost his business.
Peter is unmarried and lives in a rental house that has neither electricity nor piped water. His greatest monthly expense is food for the extended family.
Peter dreams of expanding his electronics sales business in the future.
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.