A loan of $400 helps to buy toiletries, spices, canned goods, noodles, snack foods and drinks, with the balance of the loan being used to buy fishing net.
Johna lives in the province of Iloilo. She is 54 years old, married and has two dependents.
To earn an income, she runs a sari-sari (variety) store, selling basic commodities. She has been in this business for many years. Her husband works as a fisherman.
Now, she asks for a loan of PHP 20,000. She will use this loan for additional capital for her store. Precisely, she will buy toiletries, spices, canned goods, noodles, snack foods and drinks. The balance of the loan will be used to buy fishing net.
Johna aspires to improve her business in the future for her children’s education. She wants them to finish their studies.