Funded

Total loan: $1,225
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Marites


A loan of $1,225 helped to buy grocery items like drinks, spices, biscuits, and canned goods to sell.


Marites's story

Marites, a 39-year-old mother of three children, is married to a farmer who grows rice in their field. Maricel started a mini bakery business in the market some time ago, and upon achieving sufficient earnings established a grocery store as an additional source of family income. As her family grows, so do her household expenditures, so she and her husband work hard to meet their family's needs.

As her children prepare to enter college, education expenditures will become greater. Marites therefore wishes to expand her business into another municipality to increase her earnings. She is thus requesting a loan of P50,000 to buy grocery items such as drinks, spices, biscuits, and canned goods to sell. She hopes to expand the business soon.



Loan details

Loan length:

14 months
Disbursed date: December 27, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 27, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)