A loan of $1,150 helped to purchase additional seedlings of prawns and crabs.

Al's story

Al is 47 years of age and a resident of Brgy. Maloro, Tangub City, Misamis Occidental, Philippines. He is married with two children. He has a prawns and crabs production business from which to earn a living. With the business, he meets many challenges, but he realizes that it is good to face the challenges rather than get discouraged.

Al and his wife work hard in selling their catch to the market. Sometimes there are wholesale buyers from other towns and cities who come to buy their crabs and prawns. With their savings, they welcome the idea of expanding their business. They have requested from Paglaum MPC a 50,000 PHP (Philippines pesos) loan. They feel assured of Paglaum’s help, should there be a need for working capital in the future. Al smiles at the thought of seeing their children get their own diplomas one day.

Loan details

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Loan details