Rex Biasong is from Bataraza, Palawan, Philippines. He needs a loan of $125 buy lumber for furniture business.
Rex Biasong is from Bataraza, Palawan, Philippines. He needs a loan of $125 buy lumber for furniture business.
Rex Biasong is a furniture maker from Bataraza, Palawan.
He said he is limited in terms of capitalization for his business. He also has many competitors. The loan will be very helpful in buying the lumber he needs to make more furniture.
Rex plans to expand his business this year and wants to try other income opportunities with wood and other products. His goal is to earn more income and profits.
The income that he does earn he will use it to provide to his family's needs.
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.
Rex Biasong is from Bataraza, Palawan, Philippines. He needs a loan of $125 buy lumber for furniture business.
Rex Biasong is from Bataraza, Palawan, Philippines. He needs a loan of $125 buy lumber for furniture business.
Rex used the loan funds to purchase additional lumber and other furniture making materials. The stability of his business has improved and he is motivated to continue with his furniture manufacturing. Rex is loyal with the repayment terms and has a strong record. Thank you for supporting Rex and World Vision Micro!
Rex's loan from World Vision has helped materialize all of his plans. He is now working on his marketing strategy to reach more prospective buyers. His family has benefited from his income.
Rex has repaid his loan in full. These loan funds are now available to help another worthy entrepreneur in his community. Thank you for supporting Rex and World Vision Micro!
