Hamisi is a married man with six children, all of whom attend school. He lives in a rental house that has electricity but doesn't have piped water. His greatest monthly expenses are school fees and rent bills.
For the past three years, he has operated a charcoal selling business, selling as retail to his neighbours and passersby. He also operates a retail shop business which contributes his other source of income. He faces a major challenge of seasonality in his business. He dreams of expanding to a wholesale shop in the future.
With the Kshs 80,000 loan, he wants to purchase sacks of charcoal and, for his retail shop, sacks of rice, sugar and beans. 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.