Borrower Profiles

The Pu Cheng County Women's Sustainable Development Association (PCWSDA) has made over 3,200 loans to approximately 1,600 customers totalling over RMB 4.6 million (about $650,000 at an exchange rate of RMB7:US$1). These customers have all established micro businesses and are generating income up to 50% higher than previous years. The following are examples of current or recent borrowers. Note: The exchange rate between RMB and U.S.dollar is approximately 7 to 1 as of May 2008.

Borrower #29   Age: 47, Sex: M
Cao_Jian_Gang.JPG Householdchild(20), wife deceased
Business10 mu cotton farm
Loan useBuy soil prep, fertilizer, chemicals, and seeds
Pre-loan income8000 RMB
Last loan2000 RMB
Net income generated from loan2770 RMB
Use of additional incomeSend children to school, buy new seeds, fertilizer, field prep