Ana Lou

Philippines

100%
Ana Lou needed £1,534.05 for her business.

Amount requested:

£1,534.05

Repayment term:

12 months

Activity type:

Retail – grocery and general household items

Partner:

LAMAC

Ana Lou, 35, is happily married to Jeffrey, a mechanical planner at a private company. The couple have two daughters, one in high school and the other in elementary school. They reside in the province of Cebu, where Ana Lou manages a grocery store as her source of income while her husband works full-time.

Ana Lou's grocery store is located along the highway, making it easily accessible. She has been running the business for three years, selling a wide variety of products such as rice, canned goods, energy drinks, and many others. In addition to groceries, she also sells pig feeds, as many of her customers are pig raisers. (Her family also has 40 fattening pigs).

Ana Lou has worked hard to grow her business. She initially started with a capital of £826, which she received from her previous employer. She decided to leave her job to start her own business and her business has grown, with a current working capital of almost £2,000.

Ana Lou offers limited credit to customers, requiring weekly repayments. Her daily sales range from a minimum of £138, with peak business hours in the morning and afternoon. Her store operates daily from 6 a.m. to 6 p.m.

To meet the increasing demand for pig feeds, Ana Lou has applied for her sixth loan from Lamac-MPC, our local partner in the Philippines, where she has been a regular member since 2017. The loan will be used to purchase additional stocks of pig feeds to ensure she can meet her customers' needs. This loan will be repayable in 12 monthly instalments, with the goal of further growing her business and increasing her profits.

Loan added: 3 February 2025

Ana Lou's loan repayment schedule

Date Expected repayments Actual repayments
£139.46
£139.46
£116.21
£108.99
£116.21
£111.14
£116.21
£109.69
£116.21
£108.93
£116.21 Available
£116.21 Available

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.

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