Lucinda Chamba cumbicos

Loja, Ecuador

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33608

Lucinda needed £398.55 for her business.

Amount Requested

Amount requested:

£398.55

Repayment term

Repayment term:

9 Months

Activity type

Activity type:

Health & Beauty

MFI Partner

MFI partner:

FACES

Lucinda Chamba lives in the city of Loja in southern Ecuador. She is married, her husband is a construction worker, but also sells cattle and dairy products. They have three adult and independent children. Doña Lucinda has been involved in the sale of cosmetics products and cheap jewellery for the last two years or so.  Her husband provided the initial capital of $300 to start the business which she started with encouragement of a daughter. Over time, Doña Lucinda has increased the number of customers and the volume of stock she holds. The business has generated profits which have helped her husband to continue building their home. Doña Lucinda earns a monthly profit of around $140 per month. She requested a loan in order to purchase extra perfumes to sell.

loan added: 11 March 2018

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Lucinda's loan Repayment schedule

Date Expected repayments Actual repayments
March 2018 £36.23 £36.23
April 2018 £40.26 £40.43
May 2018 £40.26 £42.05
June 2018 £40.26 £42.35
July 2018 £40.26 £42.48
August 2018 £40.26 --


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