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Rasmia Showamra

Status: Fundraising $2,500.00 Loan Requested $1,925.00 Raised $575.00 Still Needed
 
About the Entrepreneur
Name Rasmia Showamra
Location Qadura, West Bank
Industry Grocery
Loan Requested $2,500.00
Repayment Term 34 months - repaid monthly
Date Posted February 26, 09
 
About the Local Partner
Field Partner Asala
Logo
Website www.asala-pal.com
Join On LFP January 3, 09
LFP Entrepreneurs 20
Total Loans $0.00
More Info on Asala
 
Entrepreneur Biography
Rasmia Showamra is a 48-year-old Palestinian mother of six, with children ranging from ages 26 to 14. She lives in a West Bank refugee camp called Qadura. One of Rasmia’s children is in university, one has graduated from high school, and the others are currently in high school. Rasmia, herself, never went to school and is illiterate, but she owns a mini market which her husband helps her run. The mini market brings in approximately $1,000 a month and is the only source of income for the family.
 
Loan Details
Rasmia took her first loan from Asala for $3,000. She used it to stock her store and successfully repaid it. She now wishes to further expand and upgrade her store and needs a loan of $5,000. She knows that by having all of her customers’ demands on hand will increase her sales. Rasmia also wants to improve the appearance of the store to attract sales. Her ultimate goal is to enable her family to live comfortably and to secure work and income for her children. She has excellent credit history and agrees to pay back the $5,000 loan in 34 monthly installments. Since Asala matches every dollar raised on LendforPeace.org with its own capital, $2,500 of Rasmia’s loan will come from lenders like you.
 
Updates from this Entrepreneur
No records found.
 
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