Total loan: $600


Flag of Philippines
Concepcion, Iloilo, Western Visayas, Philippines / Retail

Razel's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy more stock for her store, and to buy RTW (ready-to-wear) products.

Razel's story

Razel is from Concepcion, Iloilo. She is 43 years old, married and has three dependents. To earn an income, she runs a sari-sari (variety) store, selling basic commodities. She has been in this business for many years. Meanwhile, her husband works as a fisherman to provide their family’s needs.

Now, she asks for a loan of PHP 28,000 through Kiva’s field partner, CEV (a microfinance NGO) in the Philippines that she will use for additional capital to buy more stock for her store. The rest will be used to buy RTW (ready-to-wear) products. Razel also has a direct selling business.

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