100%

funded

Total loan: $200

Ma. Teresa

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Sara, Iloilo, Western Visayas, Philippines / Transportation

Ma. Teresa's loan finished fundraising,
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A loan helped to buy a tyre, motorcycle chains and engine oil, while another part of the loan will be used to buy rice to sell.


Ma. Teresa's story

Ma. Teresa is 55 years old and married. She and her family live in a simple dwelling in Sara, Iloilo.

Ma. Teresa and her husband own a motorcycle. The motorcycle is a common mode of public transportation in most rural areas in Iloilo and other neighboring regions. It has been their source of income for the past several years.

She is now asking for a loan of PHP 9,000 for the maintenance of their motorcycle. They will buy a tyre, motorcycle chains and engine oil. Another part of this loan will be used to buy rice to sell, as Ma Teresa plans to start a rice retailing business for additional income.

She aspires to augment their livelihood in the future for a better standard of living.