established by One Heart Action Group October 2007
(the cycle term of all the loans is 6 months with the payments collected monthly)
Age: 28
Business: Sells food
Loan amount: $150 (US)
Loan Use: Bought more goods for business (corn, yucca, fruit, etc.)
Payment Amount: $34.75 (principal $25, Interest $4.50, Savings $4.50, Insurance $0.50, Administrative Costs $0.25)
Breve Historia: “My main goal is that my family will not lack the daily necessities. Because of this I go out to sell something different every day—and I know my clientele and what they like. With my earnings I take home basic necessities. Now with the loan I can purchase more merchandise, and I sell more. I am grateful, and I will continue taking out loans.”
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