Joseph is a 38-year-old man with seven children. He has a local brewing business, which he has operated for four years. He raised start-up capital by brewing his own bananas from his plantation.
Joseph faces a problem of inadequate capital to facilitate his business. Additionally, customers are not paying on time.
Joseph would like to build a permanent home and educate his children. He would also like to move his business to a more permanent location and expand it to new markets. He therefore requests a loan to buy more local brew for sale.