A loan of $750 helped to buy charcoal, firewood, gasoline, soda and alcohol to sell.

Merlita's story

Merlita is married with four children who are adults. Using their own motorcycle, her husband generates income by offering a transportation service. They live happily in the village of Nagrumbuan.

Merlita, on the other hand, manages her own general store where she is already using PHP 20,000 of revolving capital. Aside from this, she also sells fish around their village in the afternoon. She has been doing this type of selling for six years now and is used to earning a total of PHP 8,000 each month from her selling business. This has been invested towards the improvement of her current enterprise.

Now, Merlita is requesting to borrow PHP 30,000 to buy sacks of charcoal, bundles of firewood, a gallon of gasoline, more cases of soda and alcohol as new product offerings to sell in her store.

Loan details

Lenders and lending teams

Loan details