Zaldy

Zaldy is 37 year old single man, he lives with his parents in Cebu province. Since 2017, Zaldy has been running a shop selling Cignal kits (is a subscription-based direct-to-home satellite cable television service provider in the Philippines.) His business operation is doing very well and his income definitely helps him to deal with their living costs and other expenses.

Cignal is a subscription-based direct-to-home satellite cable television service provider in the Philippines. He also sell some electronic supplies, headsets and microphone. Aside from that, Zaldy also offer services like lamination, xerox copy, printing, computer repair and ID printing. His shop is named JZAS Trading and it is located along the main road of a nearby village. He hires one regular female employee to help him lookafter the shop and responsible for customers request. Zaldy sometimes does the visits to houses and offices who wish to install cable connection together with two male crew. Each male crew receives 300 pesos (£5.93)per day while the female worker receives 200 pesos (£3.95) a day. Having this business requires larger capital since he has to purchase everything in cash from his supplier in Cebu city.

Zaldy recently requested his third loan from the MFI-Lamac. He has been a member for over a year now. He will use the loan to have additional funds to buy Cignal kits, load cards and also other supplies that is needed in his shop. It is important for him to have a good amount of diffreent items stocked in his shop to meet his customers requirements when they visit at his shop. Zaldy is greatful for support for his new loan and promise to repay the loan over the period of eight months.

If you are lending, please be aware that due to the current COVID-19 pandemic your repayments could be at greater risk of delay or default.