February U-City Microcredit Club Update

The U-City Microcredit Club held a virtual meeting on February 4 and made 9 loans totaling $800, as follows:

The Grupo Sector Cocales Group consists of three woman who live in Suchitepequez, Guatemala, in the  basin of Lake Atitla, one of the poorest regions of the country. On June 3, 2018, the whole area was engulfed by lava flows from Vilcan Fuego. More than 100 people lost their lives, and at the time the loan was made, 200 more were missing and an additional 4,000 had been evacuated.  The group is borrowing $600. Marta has run a business on one of the main streets of the community, selling blouse for 7 years. She will use her portion of the loan to purchase more blouses for resale. We loaned the group $75.

Bridgid's Group is 13 persons who live in Webuye, Kenya. The group is borrowing $650. Bridgid will use her portion of the loan to buy hybrid seeds and fertilizer in order to grow a corn crop on her six acres. She will also purchase two  solar lights, enabling her  children to study at night. We loaned the group $75.

Manuela is 40 years old, married with three children, and lives in Manatuto, Timor-Leste. Since 2017, she has operated a kiosk where many people come to buy goods every day. She is borrowing $500, which she will use to buy biscuits, eggs, milk, fish, sugar, coffee, salt, cigarettes, and slippers. She also will buy a refrigerator to keep drinks cold.  We loaned $75,

Dalmacio is 38 years old and lives on his own farm in the Northern region of Peru. He is dedicated to the cultivating of Catimor coffee. He is borrowing $450 to purchase fertilizer and to pay his part-time employees. We loaned $100.

The Saala Women Savings Group is 3 women who live in Mbale town, Uganda. They are borrowing $825.  Harriet operates a small shop in a shopping center selling spare parts for motorcycles. She will use her portion of the loan to stock more parts. We loaned $75.

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Sobia is thirty eight years old and lives in Sheikhupura, Pakistan. For the last seven years, her family has been involved in the transportation business using a motorized rickshaw (as pictured). She is borrowing $300  to pay for repairs to the rickshaw as well as to buy new tires and spare parts. We loaned $100.

The Mujeres Valientes Group is 17 persons from Santani, Paraguay. They are borrowing $3,175. Maria makes a living selling plant pots. She will use her portion of the loan to purchase more plant pots to sell. We loaned the group  $100.

The For Christ Group is three men who live in Chorkor, Ghana. As a group, they are borrowing $925. David owns an automobile repair parts store and has been selling auto parts for 19 years. He will use his portion of the loan to purchase more spare parts. We loaned $100.

Ammouna and Zainab are two Syrian refugees who live in Jib Jennine, Lebanon, and are borrowing $1,000.  Ammouna has run her own tailoring business since 2013. She will use her portion of the loan to buy textiles and fabrics. We loaned $100.

Thank you for your support.