established by One Heart Action Group October 2007
(the cycle term of all the loans is 6 months with the payments collected monthly)
Age: 21
Business: Cosmetics sales
Loan amount: $150 (US)
Loan Use: Bought a wider variety of cosmetics and undergarments.
Payment Amount: $34.75 (principal $25, Interest $4.50, Savings $4.50, Insurance $0.50, Administrative Costs $0.25)
Breve Historia: “I am a single mother, and because of that I like to work so that my daughter can feel proud, and so I can provide for her. My business is small, and I was unable to purchase more merchandise. For this reason I am very pleased with the opportunity to receive credit from the bank. I know that by working I will give my daughter and myself a good future.”
No comments:
Post a Comment