A loan of $425 helped to purchase sacks of flour, sugar, and other ingredients for bread-making and buy sandwich-slicer equipment.

Maribel's story

Mrs. Maribel E., 45 years old, married, lives in Ilaya, Dapitan City, Zamboanga del Norte. She has 2 children. Her husband is a mere driver of LGU- Dapitan City, ZDN. Because of her desire to help her husband, she decided to open her little bakeshop.

The demand of the people in their "barangay" seems very favorable to her, and so she decided to increase her production by acquiring some bakery equipment. This was the time she needed money to finance the bakery and decided to join Paglaum Multi-Purpose Cooperative in 2006. She has requested a loan amounting to PHP 20,000. The purpose of the loan is to buy additional sacks of flour and sandwich-slicer equipment in order to increase the volume of production. Paglaum MPC has also helped her to save a part of her income for future use, aside from its other benefits like insurance and dividends. With God's help and hard work, her business is going so well that she was able to send her son to college and purchased some baking equipment.

Mrs. E. plans to undertake major renovations on her bakeshop, extend its eat-in area, and have a presentable bakeshop in the future. She also plans to send her bakers to attend a training course for new technologies and baking techniques so as to be competitive.

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