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  • Carolyn Olson supported this loan

1 person is supporting Jovita Crisostomo

Jovita Crisostomo

City: Cabiao Country: Philippines Loan Use: additional capital
Loan Term: 24 Date Posted: Jun. 28, 2016 First Repayment: Jun. 23, 2016
Opportunity International Client Jovita  Crisostomo

Jovita Crisostomo lives with her husband, Ruben, and their two children in Cabiao, Philippines where she has run a sari-sari store for several years. Jovita’s sari-sari store is her family’s main source of income and has helped her provide for her family and educate her children. However, Jovita has struggled to generate enough income to sustain her business while also meeting all of her family’s daily needs. Oftentimes, she could not afford to restock her business when paying her children’s school fees.

Jovita found the solution to her business troubles when she became a client of Opportunity International. She joined a Trust Group where she received valuable financial training and a loan, which she used to purchase a wider variety of stock for her store in bulk and to pay her children’s school fees. By expanding her selection of merchandise and her amount of stock, Jovita hopes she will be able to meet more customers’ needs, attract new patrons to her business and increase her profits.

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 clients loan was dispursed, so that it can help fund more loans. Your inital gift continues to have an impact after the first loan is repaid.