Lydia is a resident of Changamwe, Kenya. She is a retail shop owner who has run the business for four years. She is a mother of two children. She started the business from a loan obtained from a financial institution.
Lydia is applying for a loan of 30,000 Kenya shillings to purchase retail stock e.g. sugar, detergents, maize flour, rice and soft drinks. Her business plan is to enlarge the store to accommodate more products; the only challenge being some clients not paying on time and the overall inflation which has reduced the purchasing power of most customers.
The additional income from this loan will help Lydia open a boutique.