We loaned a total of $1,500 to 3 recipients. They were:
Madina in Tajikistan to buy a new sewing machine and other items for her tailoring business. She borrowed a total of $650 of which we supplied $500. Madina has repaid $68.42.
Muhammad in Palestine to help buy a new motorized rickshaw for his transportation business. He borrowed a total of $2,000, and we gave $500. Muhammad has repaid $33.78.
Jorge Alberto in Honduras to buy seed and fertilizer for his agriculture business. He borrowed a total of $1,375 of which we gave $500. He hasn’t started to repay his loan. He has a longer term loan because it takes longer for his business to earn money.
We now have $102.20 to reloan to others.
Please contact Bill Cash with any questions.