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1 person is supporting Teresita Manuel

Teresita Manuel

City: Sta. Ines East, Sta. Ignacia, Tarlac Country: Philippines Loan Use: additional capital
Loan Term: 24 Date Posted: December 08, 2017 First Repayment: November 03, 2017
Opportunity International Client Teresita Manuel

Teresita Manuel manages a small retail store in the Philippines, while her husband works on a farm. Although her children are grown and have their own families, the couple struggles to cover their daily expenses with their small combined income. Teresita wanted to invest in her store to increase her sales, but she lacked the capital needed and did not know where to turn. Everything began to change when she learned about Opportunity International. Teresita joined a Trust Group and received a loan to replenish her store and add additional products for her customers. Now, Teresita's business is more stable and she is no longer worried how she will pay for their daily needs.

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.