Funded

Total loan: $375
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A loan of $375 helped to buy additional stock of onions, tomatoes, beans, ginger, potatoes, papaya and squash to sell.


Mercedes's story

Due to financial constraints, Mercedes engages in a vegetable selling business in order to help her husband generate income for the education of her three children. She has been in the business for almost two years and usually earns profits of P7,000.00 a month that she utilizes for their daily consumption and children's school allowances.

Due to the high cost of commodities and school fees, Mercedes need to increase her income to cover-up their necessities. In this regard, she planned to acquire more stock of vegetables to sell but she did not have enough capital. Therefore, she is asking for a loan of P15,000.00 in order to buy additional stock of onions, tomatoes, beans, ginger, potatoes, papaya and squash to sell. Through this financial assistance, she believes that she will improve the business and she hopes that someday she can make the business viable and profitable.



Loan details

Loan length:

8 months
Disbursed date: January 14, 2013
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 14, 2013
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)