established by One Heart Action Group October 2007
(the cycle term of all the loans is 6 months with the payments collected monthly)
Age: 27
Business: Sells spices
Loan amount: $150 (US)
Loan Use: Bought a variety of spices to sell
Payment Amount: $34.75 (principal $25, Interest $4.50, Savings $4.50, Insurance $0.50, Administrative Costs $0.25)
Breve Historia: “I like my work. Since I was little my mother taught me the trade of sales of many different products. Now that I am a mother, I want to provide for my daughter. Only by working will I achieve this. With the loan I bought more merchandise to sell. I feel happy with the blessing that God gives me to have a bank in my community.”
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