Edison is a married man with one child who is still too young for school. He owns a house that has neither electricity nor piped water. His greatest monthly expense is food for the family.
For the past two years, Edison has operated a charcoal selling business, selling at the market to his neighbors and passersby. He faces a major challenge of seasonality. During the rainy season there is the high cost of transportation of charcoal to his place of sale because of poor roads. Edison dreams of selling charcoal wholesale in the future.
With the Kshs 40,000 Edison wants to purchase sacks of charcoal for sale. He decided to join Yehu to access loans to boost 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.