A loan of $400 helped buy ties, oil and gasoline for his motorcycle business.

Benigno's story

Benigno is now 29 years old. He is single and lives with his parents in Bayo Iguig. He did not finish his college education so he only provides motorcycle transport services in their village as the source of his income. His parents work as farmers. From his business, Benigno provides daily meals for the family. The other part of his daily profit is saved for emergency purposes.

Benigno would like to strenghten his business, so he is now asking for a loan of PHP 17,000 to buy new pairs of tires, oil and gasoline for his motorcycle. He promises to pay it back on time. Someday, with good profits and enough funds, he will establish a small piggery business and keep growing as an entrepreneur.

Loan details

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Loan details