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MA. NIMFA SEMIC

City: DULANGAN, PILAR, CAPIZ Country: Philippines Loan Use: ADDITIONAL CAPITAL
Loan Term: 25 Date Posted: October 22, 2018 First Repayment: 
Opportunity International Client MA. NIMFA SEMIC

Ma. Nimfa Semic is a single mother who lives in Dulangan, Philippines, where she is raising her son. To provide for her family, Ma. Nimfa runs a snack shop. She wanted to expand her shop to better support her son, but she lacked the capital she needed to do so. Ma. Nimfa found the solution to her business troubles when her friend encouraged her to join Opportunity International. After completing financial literacy training, Ma. Nimfa received her first loan, which she used to purchase additional inventory. With an expanded product selection, Ma. Nimfa has attracted more customers and improved her sales. Looking forward, Ma. Nimfa plans to apply for a second loan to continue improving her services and increasing her merchandise selection.

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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