Betty amanda Pabon quespaz

Ibarra, Ecuador

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Betty amanda needed £1666.67 for her business.

Amount Requested

Amount requested:

£1666.67

Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Restaurant / Café

MFI Partner

MFI partner:

Co-operative Santa Anita

Betty Pavón has two children, both are students. They live in Ibarra. Betty started a restaurant/canteen 2 months ago.  Most of her customers are university students.  The business has started well but she is applying for a loan to buy a grill/oven that will cost USD 580, tables and chairs (USD 380), plates, cups and kitchen utensils (USD540) and ingredients to prepare food to sell in the restaurant. Betty hopes that her business will continue to grow, so she can move to a larger place where she will be able to accommodate more customers. Her strategy was to produce good food at affordable prices to attract students that go to a university nearby. There are other people that work in the area that also go to her restaurant. She will repay the loan in 24 months.

loan added: 11 May 2017

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Betty amanda's loan Repayment schedule

Date Expected repayments Actual repayments
June 2017 £151.52 £109.40
July 2017 £63.13 --
August 2017 £63.13 --
September 2017 £63.13 --
October 2017 £63.13 --
November 2017 £63.13 --


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