WELFONT JOE JOHNSON
Dr. Joe Johnson (Welfont Joe Johnson) funded a loan to Adelfa, a rice seller in the Philippines. As a married mother of four children, Adelfa works hard to support her family. She has a rice retail business in the Philippines.To help her improve her business, Dr. Joe Johnson funds a microloan for Adelfa. Adelfa is borrowing 10,000 PHP through Negros Women for Tomorrow Foundation, Inc. (NWTF) to buy more stock of rice to sell. Adelfa has been sustaining her business activities through her previous loan from NWTF. She hopes that her hard work will help her attain her dream: to save money to expand her business. With this loan, Adelfa will be able to buy enough rice to keep her inventory high enough to prevent a dry period. This can help to prevent her from losing customers, and it can help her meet the demand for her business. Rice is a very popular food in the Philippines, so there is a strong market. Having a fully stocked rice inventory can help Adelfa’s rice retail business to flourish.