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1 person is supporting CERIACA PALCONIT

CERIACA PALCONIT

City: BRGY. BURABOD, BILIRAN, BILIRAN Country: Philippines Loan Use: ADDITIONAL
Loan Term: 23 Date Posted:  First Repayment: 
Opportunity International Client CERIACA PALCONIT

Ceriaca Palconit is a hard-working entrepreneur living in Biliran, Philippines. For many years, she has helped support her family by operating a small convenience store in her town. However, Ceriaca struggled to sustain her business due to her small and unstable capital. She knew she needed some help to expand her business to be able to help her husband support the daily needs of their family. Ceriaca was very grateful when her neighbor told her about the loan and valuable financial training she could receive from Opportunity International to help her grow her business. With her loan, Ceriaca was able to purchase her inventory of products in bulk, which attracted new customers to her shop and increased her sales. She believes that, like with plants, if you shower your business with positivity and fertilize it with hard work and determination, it will surely grow! Ceriaca looks forward to continuing to expand her business and would like to use her next loan to invest in buying and trading rice so that she can meet more of the needs of 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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