Funded

Total loan: $550
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Reynald

Philippines
Albur, Bohol, Philippines / Food Production/Sales

A loan of $550 helped to buy empty containers or gallons and tungog (mangrove bark).


Reynald's story

Reynald is a 33-year-old married man from Albur, Bohol. He has two children, ages four and five years old respectively. He is engaged in tuba (coconut wine) vending. He has been in the tuba vending business for eight years.

He has requested a loan of 22,000 to buy empty containers or gallons and tungog (mangrove tanbark: the dried bark of a certain kind of mangrove tree). It would help the natural fermentation in producing bahal (old tuba) and the bahalina (aged tuba). Reynald would like to expand his business by investing in other ventures to support his family as well as to save for the education of his children for their bright future.



Loan details

Loan length:

8 months
Disbursed date: October 18, 2012
Facilitated by Field Partner: Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 18, 2012
Facilitated by Field Partner: Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International