Total loan: $1,400


San Antonio, San Agustin, Isabela, , Philippines / Retail

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A loan helped to buy stocks of groceries and many more for resale.

Pacita's story

Pacita is 59 years old and is married to Benito, a farmer. They are blessed with four grown children, whom they get an inspiration to work hard. Her family's main source of living comes from farming. Since income from farming comes only during harvesting, and it takes four-five months before harvesting the crops, Pacita came up with a decision to run a retail business. She is now selling groceries, beverages, and imported clothes for almost 33 years now.

Pacita needs a revolving capital to sustain the business. She is requesting a loan of PHP70,000 to buy stocks of groceries, and many more for resale. She will also use the loan to buy clothes in bulk to sell in their community. Pacita will manage the business well to have a continuous source of income that could help her to fund their needs.