Funded

Total loan: $500
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Magdalena


A loan of $500 helped to purchase cup noodles, soft drinks, biscuits, canned goods, cooking ingredients, sugar, cooking oil, milk and detergent soap.


Magdalena's story

During the six years she has operated her retail shop business, Magdalena has experienced success. However, there are factors contributing to downturns in her business. Aside from low income, she also rarely experiences lack of capitalization. With this situation, she is requesting a loan of 20,000 PHP to purchase cup noodles, soft drinks, biscuits, canned goods, cooking ingredients, sugar, cooking oil, milk and detergent soap for her grocery store. She hopes that with this loan she will be able to enlarge the store, offer more services to her customers and earn a higher income to meet her family's needs.



Loan details

Loan length:

7 months
Disbursed date: October 12, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: October 12, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)