Katiba is a married man with five children, four of whom attend school. He owns a house that has neither electricity nor piped water. His greatest monthly expenses are school fees and food for the family. For the past ten years, he has operated a carpentry business; his potential customers are neighbours and restaurant operators. His greatest challenge is the delayed payments by those who purchase goods on credit. He dreams of expanding his business to improve his lifestyle. With the Kshs 10,000 Katiba wants to purchase timber and carpentry tools. 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.