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Estrella Escober

Estrella Escober has been a client of JDI for almost 8 years. She retails coco lumbers in Dibutunan and thanks to the capital provided by Joyful Development Inc, she managed to increase her activity and open a sari sari store. During her five loans, Estrella Escober has never been delinquent. She insists on the fact…
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Aldrin Sumido

Aldrin Sumido is one of the faithful clients of Joyful Development. Last year, he arrived in Sinipit (Bongabon) with the ambition to open a learning center for the kids who have academic difficulties. Unfortunately, he couldn’t find someone who will trust him enough to lend him money. But luckily, he found Joyful Development, which decided…
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Virginia Salaguisag

Virginia Salaguisag is the owner of a Sari Sari store in Dianawan. The business loan, housing loan and seasonal loan provided by JDI has drastically changed her life. Indeed, after the flood of her first Sari Sari store, the money lended enabled her to extend her business and her income. She insist on the fact…
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Liwayway Manzanillo

  Her name is Liwayway Manzanillo. She used to cultivate onions and to do so, she got an agri loan from JDI in 2017, but unfortunately, insects damaged her harvest, that is why she decided to switch to ampalaya (rice fields), easier to grow. The amount of her loan is 40,000PHP and she counts 2…
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Glenda Reyes

Her name is Glenda Reyes. She contracted a business loan from Joyful Development in June 2017 for her already existing business which is the buy and resell of onions. She renewed her loan after one cycle (6 months), and her current loan amounts to 10,000PHP. She testifies that the loan given by Joyful is hugely…
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Rhoda Lombres

Her name is Rhoda Lombres. She runs a noodle house, a little restaurant and she also breeds 10 piglets. 6 months ago, she got a business loan of 10,000PHP from JDI, which she appreciates to work with, principally due to all the good advices that Joyful gives to her, helping her to grow her business.

Lydia Apostol

Her name is Lydia Apostol. The business she runs is a youth clothes store. She works with Joyful since 2015, when she asked for a business loan of 15,000PHP, which was approved. Lydia says that Joyful is totally different from other microfinance institutions because JDI, and especially the Program Officer (Sir Albert) who works with…
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How Mobile Phones And Microfinance Empower Women In The Philippines

Sari-sari stores are the smallest retailers in the Philippines, but they’re also among the most important. There are more than a million of these mom-and-pop convenience shops across the country, according to social entrepreneur Mark Ruiz. And it’s their ubiquity that makes them so culturally and economically significant. “The sari-sari store is pretty steeped deeply…
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The Guardian – Does microfinance work?

Much of the evidence strongly supports microfinance, but there is room for interpretation, says CGap’s Tilman Ehrbeck. Does microfinance work? This question has been intensively researched and hotly debated in the development community over the past few years. The answer depends on what you mean by the words ‘microfinance’ and ‘works’. I’ll explain more, but…
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Microfinance is the key for the Philippines to meet MDG 5

Devex Impact – November 18 2014 With just over 400 days remaining the meet the 2015 deadline for the Millennium Development Goals, the National Economic and Development Authority of the Philippines and U.N. Development Program recently reported the country is poised to miss achieving MDG 5 on maternal health. The Philippine Department of Health has determined that…
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