Berbes is from Carmen, Cebu, Philippines. He needs a loan of $125 to buy gasoline and food for his family.
Berbes is from Carmen, Cebu, Philippines. He needs a loan of $125 to buy gasoline and food for his family.
Berbes Laurente is 27 years old and lives in Carmen, Cebu. He is a habal-habal driver in his town. A habal is motorcycle with an extended seat in the back to accommodate passengers in a row. Berbes would like to use his livelihood to help his family.
He is asking for a loan so that he can buy gasoline and have his motorcycle checked up and repaired. After repairs, his motorcycle will be reliable and he can offer transportation services daily. With the additional income that he earns from the improvements to his business, he will provide for his family's daily needs. He will also pay the household electric and water bill and donate to his church. Berbes will also keep an eye out for new business opportunities.
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.
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Berbes Laurente does not have any updates yet.