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Lend with Care - Ernesto

Posted on 27/11/2024 by Evolve in Blog

Ernesto is a 63 year old married man with eight adult children of whom five are married and the others are independent. He lives with his wife in the Province of Negros Occidental where he and his wife have a poultry farm and a mini-grocery store.

Ernesto has been engaged in poultry farming for over seven years, focusing on raising fast-growing animals such as ducks, native chickens, and other commercial breeds of chicken. Their income is supplemented by a mini grocery store, primarily managed by his wife with some input from Ernesto. Both businesses have been successful, and Ernesto estimates their combined gross sales to exceed £276 per month.

As Ernesto expands his poultry farm and introduces new breeds of chicken, he is keen to enhance farm security and ensure the safety of his animals. Therefore, he has requested an 18-month loan to purchase construction materials for farm fencing. Additionally, part of the loan will be used to supplement the range of products in his grocery store with household items. Ernesto remains dedicated to working hard to ensure that both businesses reach their full potential.

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