Tagba-o, Cebu, Philippines, Philippines
Grace needed £1499.72 for her business.
Grace Aniñon is a 33 year old woman with three children aged 4, 6 and 13 years old. All of her children are attending school in
their place called Tagba-o in Cebu province. Grace and her partner Volter run a business that sells mostly toys, household items
and plastic wares. They travel from one village to another, especially during fiestas. They have two permanent villages they visit every Wednesday, Thursday and Saturday. On market days they could earn $50 to $60 per day. They own a multi-cab that they use to carry all their stock. Her brother and mother also help them in running their business.
During fiestas, they usually stay in the villages for three to six days so they can sell and earn more. Grace became a member of Lendwithcare’s microfinance partner Lamac Multi-Purpose Cooperative in order to access additional capital for running her business. She has been a member for over a year now and received and repaid four loans. She has requested this new larger loan to purchase 12 piglets, which costs a total of $648. She will also purchase feed to sustain the piglets for about two to three months. One of her relatives will watch and feed her piglets whenever she is away doing business. She will use the rest of the loan money to purchase toys, plasticware and more stock to sell. Grace is working hard and finding ways to earn more so they can improve and provide a better way of living for their children. She plans to repay her loan over a period of twelve months.
loan added: 12 February 2018
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