Franco vinicio Peña delgado

Catamayo, Ecuador

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26406

Franco vinicio needed £2661.29 for his business.

Amount Requested

Amount requested:

£2661.29

Repayment term

Repayment term:

21 Months

Activity type

Activity type:

Retail - clothing

MFI Partner

MFI partner:

FACES

Franco Peña is 44 and runs a selling original sports clothing, shoes and accessories. He lives in the small town of Catamayo. Don Franco is married. He has a 19 year old son. Don Franco emigrated to work abroad for some years and when he returned to Ecuador he set up the business with his savings. it has now been open for around six years. His main advantage is that there is not much competition as other retailers do not sell original items.. At first he only sold sports shoes, but he came up with the idea that people also needed clothes and since then he has everything athletes need. Don Franco reckons that his monthly profit is around $950.  He requested a loan to buy new merchandise such as original t-shirts and sports for the new season.

loan added: 11 March 2017

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Franco vinicio's loan Repayment schedule

Date Expected repayments Actual repayments
May 2017 £241.94 £241.94
May 2017 £115.21 £0.00
June 2017 £115.21 £111.24
July 2017 £115.21 £110.42
August 2017 £115.21 £110.79
September 2017 £115.21 £107.54


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