By Elmer Sayre | Project Leader
Dear Friends,
Warmest greetings from WAND and thank you very much for your generous donations to jump-start this initiative to assist small business for poor entrepreneurs. Thanks so much too for TCP - Global for providing the initial pump-priming fund. To date we were able to provide support to 19 clients, with loans of 16 of them coming from the initial amount while 3 comes from repayment already. Businesses supported ranges from motor transport, small store, gardening, raising of small animals such as goats and pigs, repair of fishing boat and tool for carpentry.
Repayment is done monthly with 2% interest rate. Repayment so far is 100%.
Again thank you very much for your generosity.
Very sincerely yours,
Elmer Sayre
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