Philippines
Ariel Pantollano is a father of three children. He is married to Fe and both of them runs a general store in the highway of Buanoy which is in the town of Balamban in Cebu province. They opened the business in 2014 and named it "ARF store". They sell basic commodities such as eggs, canned foods, noodles, powdered drinks, condiments, biscuits, chips and sweets. As time goes they now offer rice, corn and animal feeds to their growing customers.
Ariel is 34 years old while Fe is 33. They have three children ages 1, 2 and 6 years old. For the past four years, the couple has been operating a general store where they sell basic commodities such as eggs, canned foods, noodles, powdered drinks, condiments, biscuits, chips and sweets. As the time goes by he was able to improve his business and now offer more products such as rice, corn, animal feeds, flour, some school supplies, household materials, over-the-counter medicines and many more items. He employ three assistants who will help in running the daily operation of the business and paid each of them 150 pesos each with free lunch and snacks. He allows credit to to few of his customers for some of them are weekly or monthly paid. His sales are about 6,000 pesos a day except during weekends. Most of his stocks are bought through panel deliveries especially feeds, rice and corn and chips. Ariel applied for his fourth loan to the MFI, Lamac Multi-Purpose Cooperative. He recently requested a new loan last 28th of January in order to have additional money to restock his store with more saleable items.
Ariel will continue his business and sustain what he is earning so he can repay his loan on time and meet their needs. He promise to repay the loan in 12 months.
Loan added: 18 February 2019
Ariel's loan repayment schedule
Date | Expected repayments | Actual repayments |
---|---|---|
£221.83 | ||
£739.43 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.