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1 person is supporting Lorena Manansala

Lorena Manansala

City: Nueva Ecija Country: Philippines Loan Use: to purchase more products to sell to her customers
Loan Term: 24 Date Posted: April 02, 2012 First Repayment: March 19, 2012
Opportunity International Client Lorena Manansala

Lorena is 42 years old and married. She has gifted with three children who are now in the school-aged level. Their family resides in the province of Nueva Ecija. Lorena is a very loving mother and does all her best just to give the best to her family.

Selling of crispy pork skin or chicharon is the main source of income of Lorena. She retails her product through house to house in their village and to the nearby villages. Sometimes she also sells her products in the public market. She has been managing her business for almost one year now and she is earning approximately 5000 PHP monthly for this kind of activities. She dreams that someday she could improve and expand her vending business in order to gain her income and to uplift their living condition. Thus, she is requesting to borrow loan to the generous lenders amounting to 10000 PHP. She will use the loan as additional capital to purchase more products to sell to her customers. She believes that the loan she is requesting will be very helpful for the improvement of her business and to be able to increase her income. She dreams that her children will finish their studies someday and to be able to have a better job.

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.