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0 person is supporting CYNTHIA PACOL

CYNTHIA PACOL

City: SAN JOSE, KORONADAL CITY Country: Philippines Loan Use: ADDITIONAL
Loan Term: 23 Date Posted: August 13, 2019 First Repayment: 
Opportunity International Client CYNTHIA PACOL

Cynthia Pacol lives in San Jose, Philippines, with her husband and their two children. For many years, Cynthia focused on raising her children, but she wanted to find a way to earn an income for her family, too. She decided to open a small general goods store so she could contribute to her family’s finances. However, Cynthia struggled to maintain a profitable business because her family had some unexpected expenses, and she didn’t have the capital she needed to recover her business. Cynthia found the solution to her financial troubles when she joined Opportunity International. After completing financial literacy training, Cynthia received a loan. She used the loan to expand her shop and to start a second business, a computer shop, where customers can rent time on a computer Cynthia bought. She says she is grateful to Opportunity for their partnership and she is happy that her two businesses are helping her to support her family’s needs. Looking ahead, Cynthia wants to both help her own family and to serve her community.

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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