A loan of $325 helped purchase additional stocks for her variety store.


Mary Grace's story

Mrs. Mary Grace A., 21 years old, is married with 1 kid. She lives in Balangasan District, Pagadian City. Her husband is a painter. The couple could not obtain a high paying job so they decided to venture into sari-sari (variety) store business, but there was no capital at hand. With determination and courage they applied for membership at Paglaum MPC, having heard of its loan windows. In her desire to help her husband, she applied for Php 14,900 from the cooperative. Their neighbors became their customers, and eventually they could even display their products in the public market.

The small business is going so well that she decided to expand. Mrs. A. has been able to pay her previous loan in a timely fashion, and is a member in good standing. She has high hopes that God will bless their business, and that they will hopefully own a bigger store when their profits allow. In the future, she wants to see her child finish good education.



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