When I was still in grade school, my mom used to own a shop that sells RTWs, shoes and other apparel items. As she tries to build the shop (we own the lot by the way), she opted to have Small Business Loan through the cooperative organization, of which she was a member. She could have ran to other small business financing services but she's afraid that the interest rates for the small business loans might be too high. After getting the money that she needed, she build a small 'boutique' for her business. She ran a few gimmicks on her shop and the income was quite good. Now that we no longer have a student in the family, she just had this shop converted into a 2-door apartment. It's time for her to experience the fruit of her hard work. :) Labels: business matters, finance |
