Total loan: $1,125
Mialen, Clarin, Misamis Occidental, Northern Mindanao, Philippines / Food
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A loan helped to purchase ingredients for her food production business and to pay for her medical expenses.
Miguela is 48, married with four children and lives in Mialen, Clarin, Misamis Occidental. For a living, Miguela prepares and sells cooked food in her community. She has been in her business for many years and earns well every month. In 2004, Miguela joined GDMPC to gain access to microfinance services. Miguela's previous loan was paid successfully and recently she is requesting a new loan of 55,000 PHP, which will be used to purchase raw ingredients to be used in her carinderia (mini-restaurant) and pay medical bills for her operation. She plans to use the additional revenue generated from the business to improve her family's general living conditions.