Funded

Total loan: $275
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Ruth

Philippines
Banga, South Cotabato, Philippines / Food Production/Sales

A loan of $275 helped to purchase livestock feed & ingredients for making "barquillios".


Ruth's story

Ruth D. is from the town of Banga. She is 58 years old. Ruth is married and has three adult children. To make a living, Ruth raises livestock. The main source of income for the business comes from raising pigs for fattening and sale. Ruth is also involved in making barquillios, a thin-rolled cookie that is popular in the Philippines. She sells barquillios to friends and other people in her community.

Ruth joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Ruth has successfully repaid a previous loan from CEVI. Ruth is requesting a new loan of 12,000 Philippine pesos (PHP), which will be used to purchase livestock feed and ingredients for making barquillios. This will be the fourth loan taken out by Ruth from CEVI. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: August 13, 2010
Facilitated by Field Partner: Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International

Lenders and lending teams



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: August 13, 2010
Facilitated by Field Partner: Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International