Chann

100%
Chann has fully repaid her loan of £2,212.89

Amount requested:

£2,212.89

Repayment term:

12 months

Activity type:

Farming

Partner:

BORVOR

Loan description:

Mrs. Chann is 32 years old and she has a cassava growing business. Presently, she grows cassava on eleven hectares. This crop has a growing cycle of 10 months and a yield of 30 tons per hectare. They sell the crop to the middleman, after the root has been chopped. She hires 20 villagers to help her on planting and chopping the cassava root and each of them earns the standard wage of $5 a day. To increase her working capital, she decided to take a loan to buy commercial fertilizer, pesticide, weed killer, pay for ploughing costs (one hectare costs $120) and labouring costs. She expects to pay the loan back in 12 months.

Loan added: 31 January 2017

Chann's loan repayment schedule

Date Expected repayments Actual repayments
£201.17
£127.04
£167.64
£167.64
£167.64
£167.25
£167.64
£167.08
£167.64
£165.85
£167.64
£166.42
£167.64
£161.52

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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