Agnes Mujawimana

Muhoza Sector, Musanze District, Rwanda

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32184
32184
32184 - thumbnail
32184 - thumbnail

Agnes needed £2335.51 for her business.

Amount Requested

Amount requested:

£2335.51

Repayment term

Repayment term:

36 Months

Activity type

Activity type:

Furniture Making

MFI Partner

MFI partner:

Umutanguha

Agnes MUJAWIMANA needs a loan to buy carpentry machine. She owns a shop where the activities of carpentry and welding are done. She lives with her husband (who is a mechanic) and their 6 children, three of them attend secondary school and three others are in primary school. She established this business 10 years ago with a loan which she used to purchase the first equipment, including a carpentry machine, and opened her workshop. In her workshop, they make windows, doors, and other items according to her clients ‘orders.  The people who supply her with timber that they use have the permission of the authorities to sell wood. As she has got many potential orders she needs to buy another bigger carpentry machine so that some of her employees might use it in order to speed up the production. When she gets the loan, she also intends to take on 5 other workers in addition to the 5 she already employs.  After expanding her business she estimates that his monthly profit will be around $1200.  Note: Lendwithcare likes to support these larger loans that create local employment thus improving the overall economy.

loan added: 08 January 2018

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Agnes' loan Repayment schedule

Date Expected repayments Actual repayments
January 2018 £212.32 £212.32
February 2018 £58.98 £58.66
March 2018 £58.98 £58.00
April 2018 £58.98 £59.22
May 2018 £58.98 £61.60
June 2018 £58.98 --


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