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Geneviv Presbitero

Start Date: May 26, 2010

Geneviv Presbitero is from Sogod Cebu, Philippines. She has 4 children. She needs a loan of $250 Buying ingredients to make food.

Services
City:
Sogod Cebu
Community:
Haven of Rest
Country:
Philippines
other entrepreneurs here Sogod Cebu, Philippines

Summary

Geneviv Presbitero is from Sogod Cebu, Philippines. She has 4 children. She needs a loan of $250 Buying ingredients to make food.

  • Top Goals Buying ingredients to make food
  • Children Helped 4

Geneviv's Story

Geneviv Presbitero is 32 years old. She has run her small food business from her home since 2000. While she is a good cook, and people are happy to buy from her, her profits are small.

Her problem is that she lacks money to improve her food business. She can only sell as much food as she can cook, and she often runs out of the ingredients she needs.

The loan will help improve her business operations and make it more sustainable. She plans to use the loan to buy additional food ingredients to cook and resell.

Her business goal is to increase profitability of her business, as the income she earns will help buy the basic needs in their family. Geneviv has four children.

Industry Info

In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.

Summary

Geneviv Presbitero is from Sogod Cebu, Philippines. She has 4 children. She needs a loan of $250 Buying ingredients to make food.

  • Top Goals Buying ingredients to make food
  • Children Helped 4

Geneviv's Community

Summary

Geneviv Presbitero is from Sogod Cebu, Philippines. She has 4 children. She needs a loan of $250 Buying ingredients to make food.

  • Top Goals Buying ingredients to make food
  • Children Helped 4

Geneviv's Mid Term Update October 14, 2010

With the use of this loan Geneviv was able to find a workplace where she could attract more customers. Business has improved and her profits have helped to sustain her family and their basic needs.

Geneviv has kept her payments up to date.

Geneviv's Final Update December 23, 2010

Geneviv

Geneviv now sells more cooked food as well as refreshments and snack foods. Some of the income generated has been spent on her children's school fees.

With a good attitude on budgeting, Geneviv has repaid her loan.

Total Amount
$250

Amount Raised To Date

$250
100%

Help Geneviv

5 Donors

  • Roman
    August 01, 2010
    Contributed to 2 other loans
  • Shih Jung
    August 01, 2010
    Contributed to 0 other loans
  • Lisa
    August 02, 2010
    Contributed to 0 other loans
  • Wan
    August 02, 2010
    Contributed to 0 other loans
  • John
    August 05, 2010
    Contributed to 27 other loans

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