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)
Business: Sugar Cane Juice vendor
Loan Amount: $200 (US)
Loan Use: I purchased merchandise to expand my business
Payment amount: $45.33 (principal $33.33, Interest $6.00, Savings $6.00)
My business is selling sugarcane juice in the municipal park of El Paraiso. I feel very grateful for the opportunity of credit given to me by OEF. My first loan was for $100 and I bought merchandise at wholesale, where as before I would by at retail because I lacked the funds to invest. Currently I have a loan of $200 which I used to buy my own 'trapiche' (sugar press). Now I am selling more, and feel very proud to have the ability to meet my family's needs.
1 comment:
I am a private loan lender which have all take to be a genuine lender i give out the best loan to my client at a very convenient rate.The interest rate of this loan is 3%.i give out loan to public and private individuals.the maximum amount i give out in this loan is $1,000,000.00 USD why the minimum amount i give out is 5000.for more information contact us Email osmanloanserves@gmail.com
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