Teryline is a married woman who has three, school-going children. They live in their own house that has electricity and piped water. Her greatest monthly expenses are food and school fees.
For the past four years, she has operated a beauty salon business. Her potential customers are neighbours and college students. She faces a challenge of seasonality, especially during holiday seasons when schools have closed. At those times, she experiences a low number of turnouts. With the KES 40,000 loan, she wants to purchase supplies for manicures, pedicures, and facials, plus relaxing chemicals, shampoo and hair conditioner. She decided to join Yehu because of favorable loaning requirements.
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.