Nyevu is a 36-year-old married woman with seven children, all of whom attend school. She lives in her own house that has neither electricity nor piped water. Her greatest monthly expenses are food for the family and school fees for her children.
For the past six years, Nyevu has operated a small shop business, selling her goods from home to her neighbors and passersby. Her potential customers are neighbors and passersby. She faces a major challenge of seasonality in her business and she dreams of establishing a wholesale business in the future.
With the loan of KES 50,000 that she is requesting, Nyevu wants to purchase stock of wheat flour, maize flour, beans, rice and soap for sale. She decided to join 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.