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LEONILA SALIGAN

City: VILLA AURORA, BILAR, BOHOL Country: Philippines Loan Use: ADDITIONAL
Loan Term: 23 Date Posted: April 25, 2019 First Repayment: 
Opportunity International Client LEONILA SALIGAN

Leonila Saligan lives in Bohol, Philippines, with her husband and their five children. Many years ago, Leonila opened a small general goods shop to provide for her family. However, she struggled to maintain a profitable business because there were many competing shops in her town. Leonila wanted to expand her business to keep up with the competition, but she didn’t have the capital she needed. The money she had saved to invest in her business she needed to buy food and school supplies for her children, instead. Leonila found the financial partner she needed when a friend encouraged her to join Opportunity International. After completing financial literacy training, Leonila received her first loan, which she used to purchase additional inventory for her store. With a wider selection of products, Leonila attracted more customers and increased her sales. She continued to expand her business so that she could save for her children’s education. Because of her partnership with Opportunity, Leonila says, she was able to send her three oldest children to college. Leonila plans to invest in her community so she can help her neighbors achieve their dreams, too.

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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