Peter is a 22-year-old single man. He describes himself to be a business-oriented man. He operates a motorcycle providing transportation services. He has been involved in this business for 4 years. His business is located ain a highly populated area and his primary customers are local residents.
Peter describes his biggest business challenge to be high competition from the area. He will use the Kes 20,000 loan to buy a motorcycle with the addition of the savings he accumulated with the focus of purchasing the new motorcycle. His business goal is to buy a taxi to increase the mode of transportation within 5 years. He hopes that in the future, he will improve his living standard. This is his first loan with SMEP DTM.