Mwagaga is a married man with three school-going children. His wife is a teacher who contributes to the family's basic needs. He lives in a rental house with electricity but not piped water. His greatest monthly expenses are food for his family and school fees for his children.
Mwagaga has operated a business planting and selling tree seedlings for the past 10 years. In addition, he operates a motorcycle transportation business. His potential clients are the local area residents. He faces a major challenge of seasonality where there are sometimes no customers for his business. He dreams of having the best tree seedlings plantation in his village.
With the KSHS 20,000, he wants to purchase tree seedlings to plant and then sell. He decided to join Yehu to access loans to boost his living standard.
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.