Do currency exchange rates affect loan repayments?

Yes, currency exchange rates do affect the value of the loan repayments. Loans provided by you are ultimately provided to entrepreneurs in local currencies. Equally, repayments to you are translated back into GB pounds using the prevailing exchange rate.

Exchange rates fluctuate over time so the monthly instalment you receive in GB Pounds will differ slightly to that forecast on the repayment schedule that is attached to each entrepreneur. Therefore, you will see fluctuations in repayment values; these will sometimes be less than the forecast repayment. If there is any exchange rate gain then this will be retained by CARE to help with our operational costs.


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Your donations are now doubled!
Your donations are now doubled!

Your donation doubled

From now until 22nd April, your donations will be doubled by the UK government — with the matched funding going to support women farmers in Tanzania so they can increase their income and grow their business as part of CARE's Help Her Live, Learn and Earn campaign.

Will you help us reach more entrepreneurs with a monthly donation today?

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