Peter is a 50-year-old married man. He has two children with ages ranging from 12 years to 21 years. He describes himself to be honest.
Peter operates a retail shop where he sells sugar, salt, flour and other items. He has been involved in this business for twenty years. His business is located in an urban area, and his primary customers are household customers. He describes his biggest business challenge to be lack of capital.
He will use the KES 80,000 loan to buy more sugar, flour, salt and other items for his retail store. His business goal is to open a mini-supermarket within five years. This is his fifth loan with SMEP DTM. His previous loans were paid successfully.