Aladin

Philippines

100%
Aladin has fully repaid his loan of £248.41

Amount requested:

£248.41

Repayment term:

6 months

Activity type:

Retail – grocery and general household items

Partner:

SEEDFinance

Loan description:

Aladin Martir is 30 years old and single. He owns one of the few rolling stores in his village, which is in the town of Gabaldon, Nueva Ecija province. His rolling store offers delicious and affordable hamburgers which is a very popular snack in the Philippines. He travels around the village everyday and sells his products to students, employees and fellow vendors. His rolling shop is made up of stainless steel and fitted with various cooking equipment. People love to buy his hamburgers because his facilities are all clean and attractive. He even has glass shelves where he stores and places all the products to keep them away from dirt and insects. The customers can freely eat the products in front of his store. This has been his venture for the past 4 years after being an employee of a private firm. Aladin has been a part of the microfinance organisation, Alalay sa Kaunlaran, for 2 years and has already completed several loans. The $341 (13,000 Philippine pesos) he is currently requesting is for the acquisition of additional ingredients for his hamburger business like patties, cabbages, dressing and bread. He hopes to own additional units of rolling stores in the future so he could hire some of his unemployed friends. His loan is repayable over a period of six months.

Loan added: 1 May 2013

Aladin's loan repayment schedule

Date Expected repayments Actual repayments
£22.58
£22.66
£37.64
£36.90
£37.64
£37.22
£37.64
£36.66
£37.64
£35.44
£37.64
£35.15
£37.65
£34.89

The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.

Supporters of Aladin

Alex
United Kingdom
Taata
Finland
Aberdeen City
Carole
United Kingdom
Craig
Shropshire
United Kingdom
North Yorkshire
Berkshire