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MISCHELLE DABAN

City: MASAYA, ROSARIO, BATANGAS Country: Philippines Loan Use: ADDITIONAL CAPITAL
Loan Term: 23 Date Posted: October 22, 2018 First Repayment: 
Opportunity International Client MISCHELLE DABAN

A young entrepreneur, Mischelle Daban does her best to provide for her daughter in the city of Masaya, Philippines. But as a single mother, this is not always easy. For many years, she has managed a food stand in her village, making and selling different types of local snacks. She also owns and operates a small convenience store where she sells groceries and various products. However, Mischelle was struggling to maintain her business capital, especially when some of her frequent customers did not pay their debts on time. She worried that if she didn’t find a way to expand her businesses, she would not be to afford her small family's daily needs. Everything began to change when Mischelle heard about the loan and financial training she could receive from Opportunity International. She used her loan to purchase a wider variety of merchandise for her store, and the food items for her stand in bulk. This attracted new customers to both her businesses and increased her sales significantly. Mischelle is excited that this influx of profit has allowed her to provide for her and her daughter’s needs more comfortably. Her dream is to grow both of her businesses further so that she will become more financially stable in the future.

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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