Benin
Loan description:
Cécile is 39 years old. She has 5 children, who are all either at school or employed as drivers. For more than 10 years she has been a manufacturer of red oil, made from palm nuts in a production unit in her home. The large majority of the oil produced is stocked and delivered to the markets of Ishangni and Honta. Cécile employs up to 3 people according to the demand from her business; she is also sometimes helped by her children. Cécile sources her palm nut stocks from the fields of Ouèrè. Having been a beneficiary of the services of the microfinance organisation ACFB for several years, she is currently seeking a loan for 450,000 West African francs so that she can expand her stocks of palm nuts. The ensuing profit from this loan will enable her to support her husband with school fees and to grow the funds for her business.
Original loan request in French:
Madame AGBO est âgée de 39 ans. Elle détient à sa charge 05 enfants dont des élèves et des chauffeurs. Depuis plus d’une dizaine d’année, elle est fabricante de l’huile rouge fait à base des noix de palme dans sa petite unité de production à la maison. La plus grande partie de sa production d’huile de palme est stocké et livrée sur le marché d’Ishangni et celui de Honta. Elle embauche jusqu’à 03 employés selon l’ampleur de l’activité, elle se fait aussi assister par ses enfants. Cécile s’approvisionne en noix de palme dans les champs de Ouèrè. Bénéficiaire des produits de l’ACFB depuis plusieurs années, le présent prêt d’un montant de 450.000 FCFA l’aiderait pour l’achat des noix de palme. Le profit dégagé de ce prêt me permettrait de soutenir mon mari dans les charges scolaires et surtout d’accroitre son fond de commerce.
Loan added: 11 April 2012
Cécile's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £64.52 | ||
| £53.76 | ||
| £53.76 | ||
| £53.76 | ||
| £53.76 | ||
| £53.76 | ||
| £53.76 |
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.