Cornelius is a 41-year-old married man. He has three children aged three to 10 years old. Cornelius describes himself as determined. He operates a retail business selling shoes and socks. He has been involved in this business for five years.
His business is located in a conducive environment, and he sells primarily to small-scale customers. He describes his biggest business challenge as low returns. He will use the loan of 50,000 Kenyan shillings to buy a stock of shoes for resale.
His business goal is to be successful within five years. He hopes that he will be prosperous in the future. This is his first loan with SMEP--Deposit Taking Microfinance Limited. He will use the anticipated profits to buy farm inputs to start farming to earn extra income.