Funded

Total loan: $500
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Josephine


A loan of $500 helped to buy more bananas to resell in the market.


Josephine's story

A banana dealer, Josephine earns her income by selling bananas at both wholesale and retail prices in the market. Josephine was only 12 years old when she was put to work, being trained on selling bananas in the market. She is now 56 years old and has two children. Josephine has been in the banana business for 44 years now. She started the business with no fixed location. At that time she didn't have her own stall where she could put the bananas. With her early profits from the business she was eventually able to pay rent and get a stall.

Now Josephine wants to borrow a loan of PHP 20,000 to buy a larger quantity of bananas to sell in the market. Her goal is raising her profits, which she will save until she can buy a truck to use in hauling the products she sells, which will reduce her costs.



Loan details

Loan length:

8 months
Disbursed date: October 19, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 19, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)