established by some funds from One Heart Action Group
added to those from donors to HELP International
(the cycle term of all the loans is 6 months with the payments collected monthly)
Age: 70
Business: Selling Clothes
Loan Amount: $200 (US)
Loan Use: Purchased a greater variety of clothes to expand
Payment Amount: $45.33 (principal $33.33, Interest $6.00, Savings $6.00)
"I have had a business selling clothing for three years. I have always enjoyed business. When my husband died I had to find a way to cover my economic needs, and even though my children help, I did not wnat to leave them with all of the responsibility. With the loan that I recieved from the bank I can strengthen my business, and I have already been able to buy more merchandise."
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