Expired

Total loan: $850
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A loan of $850 helped to purchase sacks of rice and animal feed to resell.


Merlita's story

Merlita is 46 years old and married to Santi, who is a farmer. They are blessed with two children, who are Roshellin – 29 years old and a commerce graduate, and Caren Joy – 20 years old and currently a high school freshman. With a good relationship in the family, Merlita is really inspired in pursuing the business she started because she wants to finance her youngest daughter's college education. They live in the Ilagan municipality. Merlita shared also that the village where they live is a faraway rural place and mountainous.

Merlita wants to request loan assistance for her rice vending business, amounting to PHP 35,000, that will be very helpful to her business. According to her, the loan will be used to purchase sacks of rice and animal feed for her business since they are in demand. The products will be sold at retail prices in order to generate more income for her family and money for school fees for her children. She hopes to upgrade her business through her strong determination, for she believes that with this, she will be able to succeed in all her goals in life.



Loan details

Loan length:

8 months
Disbursed date: April 18, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)
Expired: June 2, 2012

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 18, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)
Expired: June 2, 2012