100%

funded

Total loan: $200

Ruena

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Dalaguete, Cebu, Central Visayas, Philippines / Arts

Ruena's loan finished fundraising,
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A loan helped to purchase additional materials for basket weaving bamboo, nylon and ropes.


Ruena's story

44-year old Ruena is a married woman with three children, ages 12, 14 and 17 years old, respectively. She has been engaged in weaving baskets for more than ten years now. Her husband earns a living by providing motorcycle transport services to locals in their place.

This basket weaving business is a lucrative venture in their community. Right now, She needs financial support to improve the flow of her business, its sales, and profit.

She is asking for a loan of 10,000 PHP and used it to buy additional materials for basket weaving such as bamboo, nylon, and ropes. She said that if she is provided financial support through this loan, she can produce more items to sell in the market.

Ruena hopes to improve her business so that it will generate more income to sustain the needs of the family and for the schooling of her children.

Any additional income will be used for reinvestment in the same business and savings.