Nonita Arcillo

Malubog, Cebu, Philippines, Philippines

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Nonita needed £2549.21 for her business.

Amount Requested

Amount requested:

£2549.21

Repayment term

Repayment term:

12 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

LAMAC

Nonita Arcillo is a 47 year old married woman with two children. Her second child is attending 1st year of college. She is married to Zosimo who is 48 years old. They all live in the village called Lower Malubog in Cebu province. The couple have been engaged into farming for almost 30 years now.
Nonita mainly grows different kinds of locally termed flowers like golden yellow, golden white, jaguar, tiger mums, and BSU. Most of
the flowers are harvested after four to six months of utmost care. They cultivate 12 plots of land with an average length of 40 meters each. She also plan to add 3 plots so she could plant more. Nonita hires 3 to 6 persons who will help them in taking care of their plants like pulling out of weeds, spraying fertilizers and harvest the end products. Her flowers are being delivered in the flower market of Cebu City. She also goes to the city and sell her fresh flowers near the church and she could earn $70 for one day.
The profit that she generate helps a lot in sustaining their daily needs like food and school fees. Nonita has recently requested a loan from the micro-finance organisation, Lamac Multi-Purpose Cooperative, in order to acquire more varieties of flower seeds, fertilizers, plant vitamins and other farming products. The loan she requested is good for three cropping season. She will also set aside some funds intended for paying the laborers she hires.
Nonita is looking forward to produce more flowers in the future and be able to hire more fellow farmers to help them with their lives. She plans to repay her loan over a period of twelve months.

loan added: 20 March 2017

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Nonita's loan Repayment schedule

Date Expected repayments Actual repayments
April 2017 £231.75 --
May 2017 £193.12 --
June 2017 £193.12 --
July 2017 £193.12 --
August 2017 £193.12 --
September 2017 £193.12 --


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