Philippines
Herminia is a 60-year-old widow and mother of three. She manages an electronics accessories store and repair shop, a business she has successfully operated for 25 years. One of her children is currently pursuing studies in school. Following the passing of her spouse four years ago, one of her other sons has actively joined her in managing the repair shop.
Herminia is proud to have accessed loans and repaid them in the past. These funds have been crucial for developing her business, renovating her house, and venturing into new enterprises such as providing Wi-Fi services. Additionally, she maintains a savings account, setting aside small amounts for potential family emergencies.
Dedicating long hours, Herminia keeps her store open from early in the morning to the late afternoon seven days a week. The business generates an estimated average income ranging from 7,000 to 9,000 pesos per week. All earnings are channelled towards supporting her family, making Herminia the primary breadwinner.
Twice a month, she travels to Cebu City to purchase electronic accessories. To further invest in her business, Herminia requested a loan to procure bulk electronics accessories and other computer parts for their store and repair shop, a strategic move to enhance their business operations.
Loan added: 25 January 2024
Herminia's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £139.71 | ||
| £92.98 | ||
| £96.70 | ||
| £100.57 | ||
| £104.59 | ||
| £108.78 | ||
| £113.13 |
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.
