Nicolas M. is 36 years old. He is married and has three kids who are currently in school. He is a retailer of auto parts and is also an auto electrician. He buys his spare parts from dealers and re-sells them to his customers. As a result of his rich experience in the field, his numerous clients have a lot of trust and confidence in him and prefer to service their vehicles at his rented shop; he enjoys his business very much. However, he does not have adequate funds to support his business, especially with recent price hikes; therefore, he needs the loan to remain in business. With this loan, he wants to purchase a new stock of spare parts to better serve his customers. He believes the loan will enable him to save more to finance his kids' education and also build his own shop. He is a member of the community group called Anderson Trust Group. In this group, members guarantee and support one another to repay the loan.