Nancy maritza Casanova sanchez

Centro, Ecuador

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36024

Nancy maritza needed £1250.00 for her business.

Amount Requested

Amount requested:

£1250

Repayment term

Repayment term:

18 Months

Activity type

Activity type:

Retail - food

MFI Partner

MFI partner:

FACES

Nancy Casanova is married with two daughters, both of whom are in school. Her husband works as a carpenter.  About two years ago, Doña Nancy established a kiosk selling soft drinks, snacks and sweets in one of the town squares which attracts many passing customers. She received a permit from the local council for the kiosk and began the business with a loan of $800 from her brother.
Doña Nancy works seven days a week. In the mornings she is by herself but in the afternoons her daughters come and help after school. Doña Nancy has started preparing cooked food at home and selling this as well and this has proved very profitable. Typically she might prepare burgers, chips and rice. Her sales are at their highest at weekends. On average she earns a profit of around $230 per month. Doña Nancy requested a loan to buy an industrial oven so that she can work more efficiently and any remaining funds are for extra stock.

loan added: 06 July 2018

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Nancy maritza's loan Repayment schedule

Date Expected repayments Actual repayments
July 2018 £113.64 --
August 2018 £63.13 --
September 2018 £63.13 --
October 2018 £63.13 --
November 2018 £63.13 --
December 2018 £63.13 --


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