Philippines
Loan description:
Gigi Lepiten is 40 years old and married with two children. He decided to establish his own internet café in 2008 after he noticed the high demand for various computer services in his locality, San Remegio, particularly from students. Typically students require computers for research, writing and printing school projects and his internet cafe has become increasingly popular. Gigi has applied for a loan from the microfinance organisation, First Consolidated, to buy more personal computers, since often customers have to wait for a unit to become available. He has a steady daily income and he stays open long hours and expects to repay the loan over just four months. Both his children help him to manage the business, especially at weekends. His aim is to ensure that he can pay for the best education for his children and expand his business further.
Loan added: 5 April 2011
Gigi's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £77.77 | ||
| £194.43 | ||
| £194.43 | ||
| £194.43 | ||
| £194.43 |
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.
