100%

funded

Total loan: $2,225

Fe

Flag of Philippines
Tanza, Cavite, Calabarzon, Philippines / Food

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A loan helped to buy five boxes of assorted biscuits, five boxes of assorted cupcakes, two boxes of banana chips, and five boxes of cookies to sell in her new store.


Fe's story

Fe is 34 years old with four children, ages eight, six, four, and nine months old. She is a hard-working entrepreneur. She and her husband operate their fish cracker business. They’ve learned this business from her husband's former job in production in the fish cracker factory. When her husband's contract was over, instead of finding another job, they started to put up a small store for fish crackers in their house. Her husband made the crackers from the fresh fish and she was the one selling the crackers to her neighbors and friends. And because of the low price and since fish crackers are a popular snack food of the Filipinos, customers patronized their crackers until such time that they were ordering in bulk and buying bags of their crackers. Fe has been a Social Enhancement for Entrepreneurial Development (SEED) partner for four years and they have seen Fe's improvement through hard work and good management. Fe is now delivering their fish crackers in their community and other nearby towns. She bought a second-hand vehicle to deliver their goods, employed four helpers from her community, and best of all, she was able to put her children into a good school. Fe wanted to expand her business and add a stall near a market where she can display her crackers and other snack foods. Fe is now requesting a loan, amounting to PHP 100,000, to buy five boxes of assorted biscuits, five boxes of assorted cupcakes, two boxes of banana chips, and five boxes of cookies as additional goods, aside from her very own fish crackers to sell in her new store. Fe wants to expand her business and add another store in the future. She wants to save more money for her children's future and to provide comfortably for her family, while helping her community through employment.