Daisy

Loan description:

Daisy Laboga is a 31 year old married woman. Soon she’ll give birth to her second child. Her eldest is studying in elementary level. She is married to Biane who is 38 years old. They all live in the village of Sudlon 2 which is in Cebu province. Daisy and Biane are both engaged in farming. This has been their source of income for the past fifteen years. They mainly grow crops including aubergines, beans and cucumbers. Their harvested crops are being delivered to the Cebu city public market. The profit they earn from the past harvest has been very helpful for them especially in building their house, although it is not totally finished yet. Daisy currently employs two workers to help them in taking care of their crops. Daisy has requested slightly larger amount from the MFI, Lamac Multi-Purpose Cooperative, in order to buy volumes of fertilisers, pesticides and finance the cost of labour and other farm tools they will need in the future. She has been a member of the organisation for six years and completed several past loans. Daisy hopes for regular and good harvest so she could save for her upcoming delivery of her second child. She plans to repay the loan over twenty-four months.