A loan of $250 helped to purchase merchandise for her general store.

Carmelita's story

Carmelita runs a general store where there are a number of competitors within her local community. She would like to have a complete set of merchandise to compete with the other general stores. The capital intended for her general store is not sufficient due to an increased expense of her hog raising business and the maintenance of her corn field.

Therefore, Carmelita is requesting a loan for 10,000 PHP, which she will use to buy necessary merchandise. With the loan, her profits will increase, which will enable her to send her two children to a higher level of education and to save for emergency purposes.

Loan details

Lenders and lending teams

Loan details