A loan of $275 helped to buy more sacks of charcoal to retail.


Myrna's story

Myrna T. is a charcoal and snack vendor. She is 40 years old and married to Romeo T.. She would like additional capital for her to buy more sacks of charcoal to retail. Myrna is requesting a loan of PHP 12,000 as additional working capital for the business so that she will be able to generate higher profit. Myrna is from the rural village of Liwayway Diffun, Quirino province, a place that is mountainous and where upland farming is the major sources of income. Myrna is blessed with three children who are all currently in school and require a lot of money. Her eldest, Ronnie Mae, is 14 years old and in his second year high school. Rovie Mher is 12 years old and in grade school. The youngest, Rona Angelina, is 9 years old and in grade four. Myrna and Romeo hope to support the schooling of their children through college by exerting more effort in their business, which should allow them to expand and earn more income.



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