A loan of $500 helped to buy more stock for her store.

Mildred's story

Mildred, a 37 year old store owner, is married to Serafin, a tricycle driver and manager of their welding shop as well as village treasurer. Their marriage is gifted with three children.

Mildred’s store has been a big help in their family, as each week she can earn a gross income of at least PHP 3,000, budgeting that income to support the studies of her eldest child, whose nursing course is very expensive, and for the educational needs of her other two children. Some of the earnings are also used to maintain their corn and rice farming business.

Mildred is requesting a loan of PHP 20,000 as additional capital with which she will buy more stock to offer in her store. The said amount will make her store profitable, and hopefully enable her to convert it into a grocery store. In this way, she can provide for the immediate needs of the people in the community and make it more convenient for them because they will not have to go to the market just to acquire their basic requirements.

Loan details

Lenders and lending teams

Loan details