A loan of $225 helped to purchase additional canned goods, noodles, beverages, and soft drinks.

Concordio's story

Concordio is 59 years old, married, and a resident of Tag-ibo, San Juan, Siquior, Philippines. They have six children who are adult-aged. Starting with a capital of 3,000 PHP, he opened a sari-sari store (general store) and was able to expand it with the help of Paglaum Cooperative. Aside from financial assistance, he was able to generate savings and enjoys the benefit given by the co-op. He became a member last July 2013 and has taken out two loans.

Now he is applying for 9,000 PHP to buy additional stocks for his sari-sari store, particularly basic commodities. In the future, he wants to own a mini-mart someday, and he will be fully satisfied if he sees his children finish their studies.

Loan details

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Loan details