Vilma Gaquing
Even with small capital, you could start a business if you have the strong will and determination. Even with small capital you could be successful if you know how to handle your business properly. This is the case with Vilma Gaquing. She started from vegetables vending until she was able to put up a sari-sari store.
Mrs. Vilma Gaquing, 37, of Sta. Cruz Occidental Mindoro. She is married to Mr. Rodolfo Gaquing, 55, a farmer. They have 3 small children.
Vilma wanted to help her husband in earning money because being a farmer, his income is not regular. He has to wait for harvesting time to earn money. Vilma knows that her husband is doing his best to provide them with their basic needs but it was still not enough, especially because their children are motivated to finish school successfully.
To help him in providing for their family, Vilma started her business with a capital of P500.00 from her savings. She invested her money in buying and selling vegetables. When she got her chance to save some of the profits, she decided to engage in buying and selling fish. Vilma put a small shop in front of their house and this is where she displayed her vegetables and fish. Because of the low prices of her commodities, customers increased.
Vilma was able to save up money to put up a variety store along the road near the army detachment. She was the only one with variety store at that time so the demand for her goods is very high. Her husband is helping her manage their business.
She was able to send her children to school through the income from her store. She also bought hogs to build extra income.
Vilma wanted to expand her business through an additional capital but she doesn’t know where to start. She needed capital to convert her variety store into a grocery store. Vilma wanted to add capital to her buying and selling business. For her, having a bigger business means bigger income and so she could give her children a better future.
Client Update
Vilma Gaquing was very happy when she received her first loan from the organization. She now has additional capital to be used for her plan to expand her business. She has already spent lots of effort just to look for additional capital until she joined the TSKI where she was able to avail an amount of Php 13,500. Vilma used the money to purchase more goods for her sari-sari store and also as additional capital for her buying and selling business.
Through the additional capital she was able to generate more income which is a big help to provide for her families needs, especially for the education of their children.
She felt so blessed because she has now a steady income from her businesses.
She is a good payer and she sees to it that she could pay her weekly obligations from the organization.
Client Update
Vilma has now fully repaid her loan from the organization. She was able to pay her weekly payment on time. She used the money she loaned as an additional capital for her business. She invested the money in her sari-sari store by buying more goods and commodities.
She also continued her buying and selling of vegetables and fishes because it also contributed a lot on their daily expenses.
She was thankful because they could now save some of their income for the future of their children.
Client Update
This loan was repaid in full.
$300 Requested
50
$150 Funded
$150 Still Needed
Donors funding this loan
 | Edna Navarro Philippines $0 Funded $350 Still Needed |
 | Lusicita Abao Philippines $50 Funded $325 Still Needed |
 | Joan Barnachea Philippines $100 Funded $125 Still Needed |
 | Jovelyn Manalo Philippines $0 Funded $1750 Still Needed |
 | Dionisia Millalos Philippines $0 Funded $350 Still Needed |
