Location: Nigeria
Age: 30 years
Loan Request: $200 (US)
Business: Trade
Date Received: 5 October, 2009
Date repayment of the loan: Still outstanding
Amount Repaid: N 15,000
Personal and Family Information: Single mother
with four children
Francisca is a 30-year-old woman living in Nigeria. She is
currently a single mother with four young children, who was
abandoned by her husband. She has received some education and has
had experience being both a trader and a farmer.
Francisca will use the loan she has received to expand her
current trading business. The loan will allow her to purchase more
items to sell. The benefits of the loan will be used to help
support her four children and to put them through school, amongst
other things. Francisca is a promising young woman who has plans to
have her children help her with the business. The Finance Team is
confident that Francisca will have no problem repaying her loan
within the 12-month repayment period.
**Update as of June 7, 2011:
Francisca received the loan in October 2009, purchased cassava and
processed it into cassava powder (Garri) and sold it to both
retailers and consumers. She also bought cola-nut to resell. The
loan has been a means of livelihood and has helped her to send her
children to school and buy clothes and food for her family. She
intends to repay the loan by the end of June 2011. “St. John’s loan
has been helpful to me and my family. My children can now attend
good schools, participant in school activities and interact with
other children in the community”
“The loan has helped Francisca to assume responsibility for her
family, enhance her dignity and self worth as a woman and has
improved standard of living in the family.” – Sr. Olivia, Daughters
of Charity, Nigeria