A loan of $350 helped to buy additional stock of inventory for his buying and selling business.

Felipe's story

Felipe is 63 years old, married and a resident of Burgos, Oroquieta City, Mindanao. He's been very responsible and a good provider for his family. He works hard to earn a living to support his family. Felipe has always had an interest in business; that's why he engaged in it through buying and selling. He has operated the business for seven years. Felipe also enjoys the privileges being a member of the Cooperative.

Now, he is applying a loan of 14,900 PHP [Philippines peso] to restock more inventory for his buying and selling business. Expanding his inventories will increase his income, and from it, he wishes to have a stable income for his family. And someday, he hopes to buy a four-wheel vehicle to transport goods in other towns. All he wants for his family is to have a happy and comfortable life.

Felipe deeply wishes to maintain as a member in good standing with Paglaum Multi Purpose Cooperative.

Loan details

Lenders and lending teams

Loan details