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Microlending

Benjamin Abiodun is 50 years old and married with four children. His
wife is a tailor. He sells tailoring materials such as thread, zippers,
etc.
He plans to increase his tailoring materials to meet his customers' demands. He is requesting a loan amount of N70,000 to purchase more tailoring materials to sell.
His loan is for $600. The loan was disbursed in November 2008, is a 10 month loan and is currently (July 2009) 88% repaid.
He plans to increase his tailoring materials to meet his customers' demands. He is requesting a loan amount of N70,000 to purchase more tailoring materials to sell.
His loan is for $600. The loan was disbursed in November 2008, is a 10 month loan and is currently (July 2009) 88% repaid.
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