Masiku is a married woman with six children, all of whom attend school. They live at their own house that has electricity but not piped water. Her greatest monthly expenses are food and school fees.
For the past two years, she has operated a retail shop selling cereals and household consumables like rice, beans, wheat flour, and maize flour. She also sells charcoal as her other source of income. She mentioned high inflation as her major challenge in the business.
With the KES 20,000 she wants to purchase sacks of sugar, a bag of beans, rice and 10 sacks of charcoal. She joined Yehu to access loans to boost her 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.