established by One Heart Action Group October 2007
(the cycle term of all the loans is 6 months with the payments collected monthly)
Age: 41
Business: Sells pupusas
Loan Amount: $150 (US)
Loan Use: Bought more goods to make pupusas
Payment Amount: $34.75 (principal $25, Interest $4.50, Savings $4.50, Insurance $0.50, Administrative Costs $0.25)
Breve Historia: “For three years I have sold pupusas. With the loan from the bank I was able to purchase more and higher quality materials. I have strengthened my business, and my earning have increased.”
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