Sunday, 22 November 2009

Another round of loans on last Thursday

Last Thursday saw the granting of loans to another group of 4 women from Amasaman. Each of the women was involved in different businesses. One is a tomatoes seller. Extreme left in the picture, followed by a Shea butter seller.

On the far right, she deals in food stuffs while the other woman is involve in plastic trading.

They are expected to complete their repayment within the next four months through weekly contribution.

On successful repayment of total loan amount

and interest rate, the beneficiaries will be qualified for an increased amount of loan.

In December, a VPWA volunteer recruited from United States will arrive to do an impact assessment of the loans so we can measure the impact of our micro loans in the businesses and families of the beneficiaries.

I will feed you back with what happens on Monday as we expect to give another round of loans to more women.

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