Josephat N. is a 35-year-old man, married, and has one child. He lives in Kiserian, a town situated on the outskirts of Nairobi, the capital city of Kenya. N. started selling snacks in 1998. He borrowed Ksh 12,000 (USD 185) from his mother as his initial capital. Due to his determination he has been able to pay back the money lent to him by his mother, and he has also educated his sister in-law up to “O” level. He went a step further by taking her to a computer college. Josephat’s decision for business expansion was influenced by his wife who works with a leading communications provider company in Kenya, Safaricom.
After much discussion with his wife, they resolved to open a cyber café. They have already purchased a photocopier machine and in order to expand their business, they would like to purchase a computer. They have already rented a small stall and the sister in-law is doing photocopying work while they wait for the purchase of the computer. Josephat N. is therefore requesting for a loan of USD 475. Given this loan in kind, which is repayable within 8-12 months, Josephat N. will purchase a computer so as to support his business in the fast growing town and hopes to record higher income and provide better services to the people of Kiserian.