Mema Jaakil is from Espanola, Palawan, Philippines. She has 3 children. She needs a loan of $225 to buy supplies for her farm.
Mema Jaakil is from Espanola, Palawan, Philippines. She has 3 children. She needs a loan of $225 to buy supplies for her farm.
Mema Jaakil is 34 and she lives in Espanola, Palawan she has maintained a farm since 2002, and her income is 5000/mos.
She has 3 kids; Nasrina Jaakil-9, Nadifa Jaakil-6, Redsmer Jaakil-4. She has limited capital for her business and she would like to expand this year. She plans to increase the profitability of her farm.
She would use the loan funds for additional supplies for her farm thereby increasing her profitability.
The income she receives from farming will go for her children's education and their basic needs.
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.
Mema Jaakil is from Espanola, Palawan, Philippines. She has 3 children. She needs a loan of $225 to buy supplies for her farm.
Mema Jaakil is from Espanola, Palawan, Philippines. She has 3 children. She needs a loan of $225 to buy supplies for her farm.
Mema used her loan for the purchase of farm maintenance supplies such as fertilizers and seedlings. This gave her family the incentive to work harder with the hope of a greater yield from their land. They have promise for the future now.
Mema is paying her loan on time.
Mema and her family have been busy working on and improving their farm. Their harvest, income and profits increased.
Mema's children are now better provided for and her loan has been paid in full.
