A loan of $1,025 helped to purchase additional inventory including basic commodities for his sari-sari store.


Ernesto's story

Ernesto is 56 years, resides in la Esperanza, Rizal. He is married with three children, who are studying in college. He has engaged in a sari-sari store business for 10 years. His typical net income is PHP 5,000. He is also engaged in farming as another source of income.

He has applied the amount of PHP 45,000 to purchase additional inventory including basic commodities for his sari-sari store. The profit from the sari-sari store is used in supporting the studies of his three children.



Loan details

Loan length:

33 months
Disbursed date: January 29, 2014
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

33 months
Disbursed date: January 29, 2014
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)