Jean paul Ndikubwimana

Kinigi Sector, Musanze District, Rwanda

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Jean paul needed £1528.24 for his business.

Amount Requested

Amount requested:

£1528.24

Repayment term

Repayment term:

18 Months

Activity type

Activity type:

Shop

MFI Partner

MFI partner:

Umutanguha

Jean Paul Ndikubwimana lives with his wife and their child. He has a shop and normally sells, cooking oil, biscuits, and other stuff like detergents, soaps and body lotions. With this loan, he needs to buy 30 sacs of rice for $900, 5 sacs of sugar for $350, 200 kilos of salt for $450, 15 liters of cooking oil for $120. They will pay,  with their savings, expenses such as taxes, payment for manpower to load and to offload the goods and other jobs when needed. He and his wife chose to start these activities 3 years ago as they wanted to look for an activity that can generate income for their family. The shop is going well for them and they have a lot of clients in their village. This activity has been able to create employments for 2 people plus Jean Paul and his wife. They have been to take their children to school as well. In the future, they would like to expand their business to the extent that it will double within two years. This is not his first loan; with the previous loans, he was able to start these activities. With the profits he has managed to acquired the small house in which they live and now they are expanding.

loan added: 04 May 2017

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Jean paul's loan Repayment schedule

Date Expected repayments Actual repayments
May 2017 £138.93 £109.71
June 2017 £77.18 £78.73
July 2017 £77.18 --
August 2017 £77.18 --
September 2017 £77.18 --
October 2017 £77.18 --


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