Journal entry for Perpetual Agudu

Update on Perpetual Agudu

Perpetual was happy to say that her business has tremendously been impacted with the loan granted to her by lenders. She says, she needed additional working capital to buy fresh stock and take advantage of the season. She says your timely response to her need has put a lot of smiles on her face. Perpetual is a seller of yam, pepper, dried and smoked fish in the local market. The loan amount of $450 granted to her enabled her to purchase more stock to revive her business.

She reports that, it has been well with her business over the past four months, especially during the Christmas season. She says she has been able to mobilize savings to rent improved accommodation for family. Moreover, she has been able to pay for the admission of her two children in nursing training college and teacher training college. She says she couldn’t have achieved this feet without your support. She has been meeting her repayment regularly even though market has slowed down due to the hash season. She expresses her heartfelt thanks to all lenders who made this possible. God bless you.