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Example of Micro Credit Loans
MC Client takes loan of USD 80 to buy two goats. Fortnightly payments
(incl. interest) of USD 3.50. Completed repayment within one year. Goats
give birth during year, yearly income from sale of USD 80 plus now has
goats as asset. Thus now has capital and future income production. Plus
self-confidence!
MC Client takes loan of USD 150 to set up small roadside shop. Fortnightly
payments (incl. interest) of USD 6.50. Completed repayment within one
year. Shop produces weekly income of USD 16.50. At year end net profit
approximately USD 400, plus shop & stock on hand. Thus now has capital
and income production, and, increased self-esteem.
HANDS WITH HANDS
www.handswithhands.com
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