Total loan: $1,000
Sampaguita, Solana, Cagayan, Cagayan Valley, Philippines / Manufacturing
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A loan helped to buy welding rods used in his business.
David is 41 years old, married and has two children. To acquire income, he manages a welding shop in their village. He has been in this business for five years, gaining an income of about PHP 30,000 each month. He uses the income to educate his children and as revolving capital in the business too. He is now applying for a loan of PHP 40,000 to buy welding rods used in his business. He hopes to keep improving his services and acquire more customers in order to gain a profitable income. Additional revenue will be used for education and emergency purposes. His photo was taken at his shop with his wife beside him.