Rwanda
Loan description:
Adele NKUNDWANABAKE needs a loan to buy trainers and shoes to resell. She runs a shoe stall in the market selling mostly plastic sandals. She used to sell children’s shoes too but she is currently running low on stock. A pair of sandals costs around 4,000RWF (about £4), but prices are negotiable with her customers. All the shoes she sells are very popular. She has had this business for 6 years. She will use this loan to buy more shoes. She travels to Uganda and DRC to buy the shoes. She makes about 200,000 – 250,000 RWF a month (between £190 and £240), and can earn about 1,500 RWF (about £1.44) profit for each pair of shoes. She lives with her husband who is a farmer and they have 8 children: 4 boys and 4 girls, who all go to school. With the help of this loan she hopes to be able to provide and care for her children and enable them to continue in school.
Loan added: 9 January 2018
Adele's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £85.51 | ||
| £106.88 | ||
| £106.88 | ||
| £106.88 | ||
| £106.88 | ||
| £106.88 | ||
| £106.88 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
