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Writer's pictureMichelle Ruas

Micro-Credit Loan #4

Updated: Apr 21, 2021

In order to not just give money to the people of Guinea-Bissau, but give tools and infrastructure for them to make their own money, we decided to fund loans to small businesses. These are primarily for women-led businesses and gives them the upfront funds to purchase the goods to make a business out of. These are only a £200 loan which is then repaid in 10 months of £20 each month and we can then re-use the money again to fund another project.


This is the fourth micro-credit loan given!


The £200 loan was given to Aua Balde to fund her business making wild palm oil.






2 Comments


Deborah Bullock
Deborah Bullock
Apr 21, 2021

Great!

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Michelle Ruas
Michelle Ruas
Apr 22, 2021
Replying to

Thank you Deborah! 😀

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