A loan of $425 helped additional capital for their Mini-Grocery Business.


Michael's story

Our featured entrepreneur is Michael H., 24, a young and active resident of Minsubong, Tangub City. Michael and his wife Merizel operate a mini-grocery in the city of Tangub. With an initial capital of P5,000.00 from their savings, they were able to sustain their business so far. The couple devote most of their their time to their business since they are still unblessed with a child. Michael joined PAGLAUM MPC in June 2009 because he was interested in our products and services. Now, he is applying for a loan of P20,000.00 to add his capital for their mini-grocery. His future plan is to expand their business and be able to open another outlet in the city. He is also hoping that someday they will be blessed with an angel to complete the word “Family”.



Loan details

Loan length:

12 months
Disbursed date: June 24, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: June 24, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)