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Rehema would like to obtain a second loan from MYC4. She deals in the sale of all kinds of men’s wear such as new shirts and trousers. As her business developed, she found challenges in meeting the demands of her clients because of the growing market. She then decided to acquire a loan of 500 Euros from MYC4 that she used to purchase more stock. This placed in a better position to efficiently serve her clients who boosted her monthly net income to 50 Euros.
Rehema wants to invest in the purchase of more stock but she has inadequate capital. For this reason, she would like a second loan to restock her business. She will be in a better position to compete favorably in the market. In addition, her sales will increase as she is confident that her business will be well stocked, 6 months after receiving the loan.
Please refer to the micro opportunity link and MyC4 previous credit history under resources. |