Kennedy is 23 years old. He is married and has three children, all of whom attend school. He rents a house that has electricity but not running water. His greatest monthly expenses are food and school fees.
Kennedy has been selling fish to his neighbors and passersby. The major challenge he faces in his business is seasonality. He dreams of creating job opportunities and hiring employees to run his business.
With the loan of 25,000 KES, he wants to purchase public address system equipment that he will rent out for a fee. He decided to join Yehu in order to gain 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.