Alicia

Alicia has a live-in partner named Crispin, who works as a delivery driver. They have been blessed with two daughters who are attending high school. The family lives in the province of Cebu, where Alicia manages a grocery store to supplement her husband's income.

Alicia has been operating her grocery store for three years. Located in front of their home, the store is open daily from 5:30 a.m. to 9:00 p.m. It offers a variety of grocery products, including rice, biscuits, energy drinks, seasonings, laundry and hygiene products, soft drinks, frozen goods, and other basic necessities.

Alicia purchases her stocks from the local market and nearby malls on a weekly basis, using their own motorcycle for transportation. She also extends credit to selected regular customers, particularly those who are employed. Customers are required to settle their outstanding balances upon receiving their salaries and must clear their previous balances before making another credit purchase.

Recently, Alicia applied for another loan from LAMAC, Lendwithcare's local partner in the Philippines, payable over 12 months. The loan will be used as additional working capital to purchase more stocks of fast-moving products, particularly rice, canned goods, and other essential grocery items. She also plans to purchase additional stocks of soft drinks and mineral water for resale.

The additional working capital will help Alicia maintain sufficient inventory, meet customer demand, and support the continued operation of her store.