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Jennifer Cabigas

City: Sta. Ignacia, Tarlac Country: Philippines Loan Use: additional capital
Loan Term: 24 Date Posted: May 04, 2018 First Repayment: February 12, 2018
Opportunity International Client Jennifer Cabigas

Jennifer Cabigas lives with her husband and their child in Tarlac, Philippines where she runs her own independent convenience store from their home. As a devoted mother, providing for her young child is her top priority. Jennifer knew there must be ways of improving her profits and management of the store, but with little practical training in business, she didn’t know what steps to take. Furthermore, the family budget was just too tight to allow for capital investment. When a friend introduced her to the programs offered through Opportunity International, Jennifer’s hope for a better plan began to renew. Jennifer put her program training to quick use by making more efficient management decisions and adopting smarter purchasing practices. She increased her stock to provide a wider selection of goods and began purchasing in bulk at lower prices. Jennifer is already seeing the little bit of investment pay off in increased traffic! Jennifer is proud to serve as a role model for other aspiring women entrepreneurs in her neighborhood. She hopes she can continue learning and apply her lessons to the benefit 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.