Peterson is a married man. He has one child. He describes himself to be business-oriented. He operates a carpentry shop where he makes tables, chairs and other items. He has been involved in this business for five years. His business is located in a busy place and his primary customers are the general public.
Peterson describes his biggest business challenge to be lack of capital. He will use the Kes 30,000 loan to buy timber and other carpentry materials. His business goal is to expand within five years. He will use the anticipated profits to pay school fees and save the rest.