Stephen is a 41-year-old married man. He has two children, ages three years and five years. He describes himself as an enterprising person. He operates a retail shop where he sells bread, milk, wheat flour, soap, cakes and other items.
He has been involved in this business for 11 years. His business is located in an area with potential and his primary customers are local residents. He describes his biggest business challenge to be low season which affects sales.
He will use the KES 50,000 loan to add stock of bread, milk, cakes, soap, flour and other items he sells. His business goal is to open a supermarket within five years. He hopes that in the future, he will be financially stable. This is his eighth loan with SMEP DTM. His previous loan of KES 200,000 was repaid successfully. He will use the anticipated profits to expand his business.