100%

funded

Total loan: $1,100

Michel

Flag of Rwanda
Kirehe, Eastern Province, Rwanda / Services

Michel's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to increase his cash on hand to support his mobile money business.


Michel's story

Michel is the definition of entrepreneurial spirit. He is always looking for business opportunities. He started with a saloon but he saw that a grocery store would bring him much profits and a lot of loyal clients. In his grocery store, he also has an equity bank agency where people withdraw money from him.

It is a great opportunity for him because when clients withdraw they also consume his products instead of going somewhere else. He earns a commission on each transaction, which increases his profit margin.

The first loan helped him increase his float for the agency and helped his business grow and secure customers for the grocery shop as well. He is requesting a second loan to increase his float for the agency as he keeps getting more and more clients who want to make transactions. He is very passionate and willing to do whatever is possible to grow his business further.