Funded

Total loan: $175
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Corazon


A loan of $175 helped additional capital for her barbecue vending business.


Corazon's story

Corazon B., nicknamed “Cory” in their village located at Barangay Cataggaman Viejo Tuguegarao City. She is 45 years old and finished her secondary education. Due to financial shortage, she did not pursue her college studies. She works hard to earn a living and is married to Pedro a farmer in their village. They are gifted with three children namely; Perpetua 24 years of age college graduate; Cristopher 22 years of age, college undergraduate; Max 18 years of age, college student. Being a responsible parent, they do their best to improve their way of living. Despite the economic crisis, they are still striving for the sake of the future of their children.

Her husband is a farmer while she is engaged in barbecue vending business in their village to help her husband support the education of their children. Since she only has a small amount of capital, she only earns a net income of Php 700 a week. In this regard, she wants to borrow additional capital to strengthen her business. She applied for an amount of Php 8,000 to be added in her capital to acquire materials and ingredients needed for her business. She is so thankful when she joined in this organization because it gives her the opportunity to improve her small business. And she hopes that through her efforts and sacrifices, all of her children will finish their studies and her business will also grow. As she has said, "Patience and sacrifices is the key to success".



Loan details

Loan length:

8 months
Disbursed date: October 28, 2009
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 28, 2009
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)