Total loan: $975
Bannawag Norte Santiago City, Cagayan Valley, Philippines / Wholesale
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A loan helped to purchase muscovado (organic) sugar to repack and sell.
Editha, is aged 60 and married, and they're blessed with two children. She has bought and sold muscovado sugar in their town for almost six years and earns a net income of PHP 4,000 weekly. Her net income on this business was spent on their daily expenses at home. Due to inadequate capital on her business, she would like to avail a loan amounting to PHP 50,000 to purchase muscovado (organic) sugar to repack and sell. She's hoping that her business will continue to improve and become more profitable.