A loan of $1,100 helped additional capital for her eatery business and catering services.

Vanessa Claire's story

A seaman’s wife with a passion for cooking and food processing is our featured entrepreneur in this story. She is Mrs. Vanessa Claire L., 29 years of age, married and a resident of Maloro, Tangub City. They were blessed with two children, one who is now three years old and the other only nine months.

Vanessa is skilled at cooking, so she decided to open a restaurant at the city food court. At the same time, she provides catering services for birthdays, weddings, anniversaries and other occasions.

For her, it is better to earn on her own rather than depending on her husband’s allotment every month. For seven years she has been able to manage her business, and now she is earning an average net income of not less than $220 a month.

She joined PAGLAUM MPC two years ago because she is very much interested in our products and services and in our being one of the most outstanding cooperatives in Northern Mindanao. Paglaum MPC received an award for being the Most Outstanding Cooperative in the Philippines during the search for the COOP-LGU Partnership Award 2006.

As a 5th cycle loaner, Vanessa has the privilege of borrowing 50,000 PHP to add to her capital for her eatery business and catering services. She is hoping that her business will continue to prosper. She is also happy that she was able to give employment to jobless friends and relatives.

Loan details

Lenders and lending teams

Loan details