Rwanda
Fabien sells groceries such as beans, spaghetti, biscuits and other household goods like body oil, shoes, and slippers. He is 20 years old, married, and he and his wife have a baby girl.
Fabien sells to small clients in his neighbourhood. He has been doing this activity for 2 years. He wants this loan add new products such as soft drinks, cakes, samosas, and other food to the range he already sells. He rotates with his wife in the shop and they also grow potatoes. So when he is in the plantation, she sells in their small shop, and vice versa.
On average he can earn around £240 a month after paying all his expenses, including the loan. In the future he would like to increase his working capital from a current level of about £500 to around £2000 within two years. This is his first loan and he is sure that it will help him to develop his business.
Loan added: 26 July 2019
Fabien's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £149.36 | ||
| £41.49 | ||
| £41.49 | ||
| £41.49 | ||
| £41.49 | ||
| £41.49 | ||
| £41.49 |
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.
