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2 people are supporting TEOFISTA PRADO

TEOFISTA PRADO

City: BRGY. CALMANTE, TUDELA, CEBU Country: Philippines Loan Use: ADDITIONAL
Loan Term: 25 Date Posted:  First Repayment: 
Opportunity International Client TEOFISTA PRADO

Teofista Prado is a hard-working entrepreneur living in Tudela, Philippines. She operates a small restaurant in her community to make a living for her family. Teofista’s restaurant is very popular in her town, but Teofista was still struggling to expand her business. She knew something needed to change in her business model so that she could support more of the needs of the community. Teofista felt like her prayers had been answered when she heard about the loan and valuable financial training she could receive from Opportunity International to help her grow her business. Teofista invested her loan in growing her restaurant, which attracted new patrons and greatly increased her profits. She has been very encouraged by this growth and looks forward to continuing to grow her business so that she can meet more of the needs of her family.

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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