Caroline is a 43-year-old married woman. She has 3 children. She describes herself as honest. She operates a salon where she offers beauty services. She has been involved in this business for 6 years. Her business is located in a busy area and her primary customers are locals. She describes her biggest business challenge to be power outages.
She will use the 20,000 KES loan to buy salon equipment. Her business goal is to open more business outlets within 5 years. She hopes that in the future, she will be successful. This is her first loan with SMEP Micro finance Bank. She will use the anticipated profits to reinvest.