established by One Heart Action Group October 2007
(the cycle term of all the loans is 6 months with the payments collected monthly)
Age: 48
Business: Store Owner
Loan amount: $150 (US)
Loan Use: Bought goods for her store
Payment Amount: $34.75 (principal $25, Interest $4.50, Savings $4.50, Insurance $0.50, Administrative Costs $0.25)
Breve Historia: “God has given me a handicapped son that requires full-time care. So I run my business from home since I can’t go far. I invest part of my earnings back into the business, but I lacked sufficient merchandise. With the credit I received, I already bought more, and this generates more earnings, and I can cover the needs of my children.”
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