Total loan: $400


Bannawag Norte, Santiago City, Cagayan Valley, Philippines / Construction

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A loan helped to purchase steel roofing and other equipment to use in his business.

Lorenzo's story

Lorenzo is 42 years old and married to Vina. They are blessed with three children. He works in equipment construction in rice mills and earns a monthly net income of PHP 18,000. The income from his business is spent on their daily expenses at home and their children's needs at school.

Due to insufficient capital in his business, he would like to take a loan of PHP 20,000 to purchase steel roofing materials and other equipment to use in his business. He is hoping that his business will continue to improve and become more profitable.