Shaved Ice Turns a Hot Profit

MEET OUR CLIENT: Richel Fernandez Mrs. Richel Fernandez profits from the almost year-round warm climate in Sto. Tomas, Davao del Norte. She owns a refreshment parlor where halo-halo (a mix of gelatin, beans, sweetened bananas and jackfruit topped with shaved ice and milk) is the local favorite. Five years ago, however, Mrs. Fernandez and her two [...]

Access to Capital Sparks Growth

MEET OUR CLIENTS : Albert & Nonita De La Pena Albert de la Peña and his wife Nonita are partners in more than just marriage. One year ago Albert and Nonita applied for, and received, a PhP17,000 ($340) loan to expand business at their electrical store. Many loans later, the de la Peñas have moved their [...]

Rice sales inspire growth

MEET OUR CLIENT: Helena Coquilla For Helena Coquilla, the notion “expands when it cooks” could just as easily be applied to the business of selling rice as it is to the actual grain. Since Mrs. Coquilla and her husband, Antonio, received a loan to improve their sales of rice two years ago, their business has grown [...]

Profits Can Come from Small Packages

Eight years ago, Mrs. Elma Garan and her husband both lost their jobs. Subsequently, to support their five children, they started a business of delivering bread and fish to sari-sari (small grocery) stores and fish stalls in the Santo Tomas Public Market in Mindanao. The couple barely made a profit from their business, since they [...]