Michel Maniriho mugabo

Cyanika Sector, Burera District- Musanze Branch, Rwanda

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32987
32987
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32987 - thumbnail

Michel needed £1388.65 for his business.

Amount Requested

Amount requested:

£1388.65

Repayment term

Repayment term:

8 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

Umutanguha

Michel Maniriho Mugabo needs a loan to buy potato seeds. With this loan, he will buy $1760 worth of seeds. He estimates that he will earn $2900 from his harvest of potato crops once he has covered all his expenses. He also wants to increase his Irish potato harvest by 2,600 kilos every quarter. His wife helps him in these activities. He lives with his wife and they have 1 child who attends nursery school. They have been doing these activities together for 7 years. He employs temporarily 15 labourers. In the future, he would like to build a store where he will keep his harvest. This is not the first loan he has received, the previous loan helped him to start these activities.

loan added: 14 February 2018

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Michel's loan Repayment schedule

Date Expected repayments Actual repayments
March 2018 £126.24 £120.21
March 2018 £157.80 £0.00
April 2018 £157.80 £161.89
May 2018 £157.80 £168.41
June 2018 £157.80 £169.59
July 2018 £157.80 --


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