Rwanda
Jean Claude is 29 years old and lives in the Ngororero District with his wife and their two children. Jean Claude is proud that he and his wife both work to support their children, who are all going to school currently. While he runs a wholesale shop, his wife grows seasonal crops to feed the family and sells the surplus locally.
Jean Claude has been running his wholesale shop for around three years. Like many shop owners, he started out small selling to individual customers and over time he has increased the volumes he sells and now operates as a small wholesaler. He offers a range of products that are likely to be stocked by other small-scale shop keepers, including staple products like rice, maize, beans and cleaning supplies.
He is keen to develop his business further through hard work. Jean Claude is driven by a desire to improve the well-being of his family, and with this in mind he has requested a loan. He will use the investment to purchase best-selling products, including 5 sacks of beans, 3 sacks of sorghum and 20 sacks of maize flour. He will also use a portion of the loan to buy day-to-day essentials such as soap and cleaning products. Jean Claude anticipates a much heavier workload and plans to hire two part time employees to join him in his business and hopes that the investment will lead to healthy sales. He promises to repay the loan within 12 months with no default.
Loan added: 7 December 2022
Jean Claude's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £310.65 | ||
| £258.88 | ||
| £258.88 | ||
| £258.88 | ||
| £258.88 | ||
| £258.88 | ||
| £258.88 |
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.
