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2 people are supporting Merlita Lictawa

Merlita Lictawa

City: Lupao, Nueva Ecija, Philippines Country: Philippines Loan Use: additional capital
Loan Term: 24 Date Posted: October 28, 2018 First Repayment: August 15, 2018
Opportunity International Client Merlita Lictawa

Merlita Lictawa is a hardworking entrepreneur who lives in the Philippines with her husband and school-aged children. For the past three years, Merlita has managed a convenience store providing a variety of grocery items to her community members. It hasn’t been easy for their family, and there was a time when Merlita and her husband were not able to afford to send their children to school. Everything began to change for Merlita when a friend introduced her to Opportunity International. Merlita received financial training and a loan to invest in her shop and purchase inventory in bulk. Now, Merlita can purchase additional product and increase her sales. Thanks to the loan she received, Merlita will be able to use her increased income to save for her children’s education and their futures.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

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