|Business:||Sari Sari Store|
Subic is a municipality in Zambales province and the site of a former U.S. military base at Subic Bay. Our micro-borrower Carina lives among approximately 100,000 inhabitants of the city.
The 37-year-old mother lives in a small one-room-home with her three children and her husband. The place is located right by the sea, where her husband Ferdinand works as a fisherman. In doing so, he earns only 49 euros a month to take care of the family. Since so-called Sari Sari stores for the sale of everyday products to the neighborhood are of great benefit in the Philippines, Carina wanted to open such a store. In this store, in addition to foods such as fish and soy sauce, sardines, vinegar and coffee, she will also sell toiletries such as shampoo and conditioner.
In order to open her business and offer these products, Carina received a microcredit for the equivalent of 83 euros. With her shop, she hopes to earn about 28 euros a week and thus support her family independently and long-term.