Joan Monosco is from Consolacion, Cebu, Philippines. She has 5 children. She needs a loan of $200 Buy additional merchandise to resell in her store.
Joan Monosco is from Consolacion, Cebu, Philippines. She has 5 children. She needs a loan of $200 Buy additional merchandise to resell in her store.
Joan Monosco is 36 years old and she owns a sari-sari store. She also operates a video-karaoke machine, where people can sing and pay her a small fee per song. She started her store in 2005 and earns a small daily wage.
She has asked for loan to help her buy additional merchandise to resell in her sari-sari store.
At the moment, she is worried because the family has grown its needs. Her children are: Jeammuel Monosco 23 years old, Client Monosco 22 years old, Queenie Monosco 16 years old, Bernard Monosco 14 years old and Joanna Monoso 10 years old. All of them go to school which is really a big expense in the family.
The additional income she earns will help her pay for the basic needs of her family. It will also help her pay for the children's school fees. Her business goal is to continue to increase the profitability of her business. She also plans to try other income opportunities to help her family more.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
Joan Monosco is from Consolacion, Cebu, Philippines. She has 5 children. She needs a loan of $200 Buy additional merchandise to resell in her store.
Joan Monosco is from Consolacion, Cebu, Philippines. She has 5 children. She needs a loan of $200 Buy additional merchandise to resell in her store.
Adding more merchandise to sell has been her motive for the loan. She did just that after she received the money.
She has a better income now with a bigger general store and video business combined.
She has a good repayment record. Thank you for supporting Joan and World Vision Micro!
The loan has granted Joan an improved sari-sari store that provides enough profits to support her family. She now has a bigger business and it is full of items that she proudly displays.
She is able to provide a much better life for her family. She knows that by spending wisely and working hard she can improve their living condition.
Joan has repaid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Joan and World Vision Micro!
