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Josephine

100%
Josephine has fully repaid her loan of £785.71

Amount requested:

£785.71

Repayment term:

12 months

Activity type:

Café / Eatery

Partner:

ACFB

Loan description:

Aged 35, Josephine is married and has 6 children to look after. For nearly 10 years she has worked as a producer of red oil, which she makes from palm nuts in a small production unit in her home. The large majority of the oil produced is stocked and delivered to the markets of Ishangi and Honta. Josephine sources her stocks of palm nuts from the fields at Adja-Ouèrè.. To facilitate the production process that transforms the palm nuts into oil she employs up to 3 people, who she takes good care of. Having been a beneficiary of the services of microfinance organisation ACFB for several years, she is currently seeking a loan for 500,000 West African francs so that she can expand her stock of palm nuts. The ensuing profit from this trade will help to increase her capital so that she can aid her husband with the household costs and save for the purchase of her own plot of land.

Original loan request in French:

Agée de 35ans, Josephine est mariée et détient à sa charge 06 enfants tous des élèves. Depuis près 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. Josephine s’approvisionne en noix de palme à dans les champs d’Adja-Ouèrè. Et pour faciliter la transformation de ces noix de palme elle emploie jusqu’à 03 personnes qui sont à sa charge. Bénéficiaire des produits de l’ACFB depuis plusieurs années, le présent prêt d’un montant de 500.000 FCFA l’aiderait pour l’approvisionnement des noix de palme. Le profit tiré de ce commerce l’aidera à augmenter son capital, à aider son mari dans les charges du ménage mais aussi à économiser pour l’achat de sa parcelle.

Loan added: 16 April 2012

Josephine's loan repayment schedule

Date Expected repayments Actual repayments
£71.43
£84.10
£59.53
£58.99
£59.53
£58.50
£59.53
£57.96
£59.53
£56.85
£59.53
£56.84
£59.53
£57.35

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.

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