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A loan of $150 helped to purchase stock for her general store, particularly basic commodities.

Melinda's story

Melinda is 44 years old, married, and a resident of Balik-balik, Poblacion, Sindangan, Zamboanga del Norte, Philippines. Her husband is a tricycle driver. They have two children, both of whom attend school. Starting with capitalization of 3,000 PHP, she opened a sari-sari (general store) and was able to expand it with the help of Paglaum Cooperative. In addition to financial assistance, she enjoys other benefits of the co-op, including a savings account. She became a member in August 2011 and has taken out four loans.

Now she is applying for 6,000 PHP to buy additional stock for her sari-sari store, particularly basic commodities. In the future, she wants to own a mini-mart. She will be fully satisfied if she sees her children finish their studies.

Loan details

Lenders and lending teams

Loan details