Peter is a seller of produce, dealing mainly in the trade of corn and beans. He has been engaged in this business since 2009 and it is his primary source of income. He uses his earnings to support his wife and their two children.
Peter would like to invest more capital into his business, but this is a constant challenge to him. Because of this, he is presently unable to meet the demand of his customers.
He is therefore requesting a loan in the amount of 1,000,000 shillings, which he will use to buy corn maize and beans for trade, since the season has begun.