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.