Margaret, a married mother of one, lives in Changamwe, Kenya. She owns a salon which she started with her personal savings. The business has been in operation for the last one year.
She is applying for a loan of Ksh 30,000 to purchase hair pieces, weaves and cosmetics for her business.
Margaret looks forward to owning other salons in future. The main challenge she faces is that some customers like to obtain services on credit and take long to pay.
She will use the extra income to open other businesses.