Charles is a 42-year-old married man. He has two children, 6 years and 13 years old. He describes himself to be ambitious and a visionary man. He operates a rental houses business where he provides accommodation services. He has been involved in this business for nine years. His business is located at a densely populated area.
Charles describes his biggest business challenge to be insufficient funds for improving the business. He will use the Kes 95,000 loan to pay for the renovation of the rental houses. His business goal is to buy another piece of land and expand his rental houses business by constructing more houses to rent out within five years. In addition, Charles runs a grocery store where he sells fruits and vegetables. This is his first loan with SMEP DTM.