Microloans to 16 Entrepreneurs in the Philippines

by Opportunity International
Vetted
May 23, 2012

Lulu's Business

Lulu is 32 years old and married to Robinson who works as an Overseas Filipino Worker. The couple has 3 children; all of them are in the school-aged level. Their family lives happily in the village of Concepcion, Tarlac.

Offering manicure and pedicure services are the main source of income for Lulu. She has been engaged in her business for almost five years now. She provides manicure and pedicure services to her customers who are her neighbors, relatives, friends and other people in their village. Lulu and her husband are very hard working and patient because they really wanted to give the best to their children. She has a dream of building a mini parlor in the future and she also dreams that her children will finish their studies until college in order to have a stable job someday.

Lulu wanted to gain more income but she needs also additional capital, thus she is requested to avail a loan amounting to 10000 PHP. She wanted to purchase more materials to be use in her business like different kinds of nail polish, cuticle remover, cotton, nail cutter, pusher and acetone. This loan has helped Lulu achieve her dreams and provide for her children. 

 

Loan Application Highlights:

  • City: Concepcion, Tarlac
  • Country: Philippines
  • Loan Requested: $250
  • Loan Term: 24 weeks
  • Loan Use: to purchase more materials to be use in her business like different kinds of nail polish, cuticle remover, cotton, nail cutter, pusher and acetone.
  • Date Posted: April 30, 2012
  • First Repayment: March 16, 2012
Comments:

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Organization Information

Opportunity International

Location: Chicago, IL - USA
Website: http:/​/​www.opportunity.org
Project Leader:
Emily Engel
Oak Brook, IL United States

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

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