Laurent Dusengimana

Mugunga Sector,gakenke District, Rwanda

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Laurent needed £1875.75 for his business.

Amount Requested

Amount requested:

£1875.75

Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

Umutanguha

Laurent Dusengimana has been planting banana for 10 years. Beside his banana plantation he also rears livestock. He is 35 years old, married and have five children. Three of his children are studying and two are too young to go to school. Laurent’s wife helps him with their banana plantation which is around 8,497 square meters and their livestock farming business.
Laurent is requesting an interest fee loan to expand his banana plantation. He will payback the loan in 24 months (2 years) time. He will invest the loan money to buy his neighbours banana plantation and join it with the one he already has. By investing in his business, he hopes that his profit will increase and with the increased profit he will be able to finish building his house that is still under construction, pay for the household expenses and his children’s school fees. His business creates 12 employments.  One of his employee is from his family, he has three permanent employees and eight temporary employees.

loan added: 14 June 2018

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Laurent's loan Repayment schedule

Date Expected repayments Actual repayments
June 2018 £170.52 --
July 2018 £71.05 --
August 2018 £71.05 --
September 2018 £71.05 --
October 2018 £71.05 --
November 2018 £71.05 --


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