A loan of $750 helped to buy more stocks of canned goods, noodles, eggs, junk food, candies, soaps, beverages and soft drinks to sell.


Freda's story

Freda believes that "a hard working person will become successful." She is 47 years old and has three school-aged children. Her ambition in life is to become successful in order to give her children a bright future. Freda owns and manages a small variety store in her village while her husband works at a private company. They help each other to finance their children's education. They hope that their children will all earn a degree and become professionals someday.

Freda aims to improve her variety store to earn sufficient income but due to inadequate capital she is asking for an additional 30,000 PHP to buy more stocks of canned goods, noodles, eggs, junk food, candies, soaps, beverages and soft drinks to sell. Despite problems and difficulties in life, Freda believes that she will make the business viable and profitable someday.



Loan details

Loan length:

8 months
Disbursed date: October 29, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 29, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)