Philippines
Loan description:
Lennie Bayron is a 28 year old wife and mother of 3 children. 2 of them go to school, the other is a baby. Her husband Joel is 34 years old. They both manage an internet café in Nueva Ecija province. Lennie and her husband usually take turns in manning the shop. They have at present ten computer desktops connected to internet. The business serves as a reliable source of communication for people who want to contact their loved ones abroad as well as to access different social networking sites. Many students also go at her shop to make their research and projects. They also offer gaming and printing services. The internet café was built 5 years ago from previous earnings and this now gives them enough daily income. Lennie is recent a member of the microfinance organisation, Alalay sa Kaunlaran, she has lately applied for a loan amounting to 40,000 Philippine pesos. She will use this to improve the facilities and to acquire a new computer desktop. She hopes to make small gradual expansions to the business until it becomes a large entity.
Loan added: 1 April 2013
Lennie's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £70.95 | ||
| £118.24 | ||
| £118.24 | ||
| £118.24 | ||
| £118.24 | ||
| £118.24 | ||
| £118.24 |
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.