established by One Heart Action Group October 2007
(the cycle term of all the loans is 6 months with the payments collected monthly)
Age: 39
Business: Sells tortillas
Loan amount: $150 (US)
Loan Use: Bought more goods for business (corn, etc.)
Payment Amount: $34.75 (principal $25, Interest $4.50, Savings $4.50, Insurance $0.50, Administrative Costs $0.25)
Breve Historia: “I have been selling tortillas for 3 years. I feel very happy with the opportunity for a loan from the bank. With the funds, I have been able to expand my business, and my earnings have increased.”
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