Total loan: $600
Lopez Jaena, Misamis Occidental, Northern Mindanao, Philippines / Food
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A loan helped to buy a new fishing boat.
Margarita is 27 years old and lives in Puntod, Lopez Jaena, Misamis Occidental, Philippines. She is married with two children. Margarita works as a fisher-woman and catches fish to sell. She has been doing this work for 20 years with a monthly income of PHP 20,000 but still the income from fishing is insufficient for their daily consumption and for the education of their children. According to Margarita, she wants to have an additional fishing boat. So Margarita has requested a loan of PHP 25,000 to buy a brand-new fishing boat. Margarita has been a member of GDMPC for one year. In the future, Margarita hopes that she can buy a brand-new fishing boat.