SMALL TO MEDIUM SCALE FINANCING AT LOW INTEREST RATES

 EXAMPLES OF LOANS

1. The FERRERAS Family, Smokey Mountain, Manila

- former scavengers, forced to return to scavenging due to obligations to “loan sharks / bombays”, who charge around 340% interest p.a.; now operating above grocery store business; loans from BEing human Foundation: 

• Oct. 24, 2000, P20,000.- / 4 months to pay in 8 installments / 15% interest p.a., fully paid.
  

• May 25, 2001, P30,000.- / payment in 24 installments / 15% interest p.a., payment in progress.

2. CASEC, Inc. – NGO / Community Awareness & Services for Ecological Concern, Bohol, Philippines

1 MOTORIZED TURTLE POWER TILLER - P54,000.- / financing for the benefit of marginalized farming cooperatives in Danao, Bohol:

• June 20, 2000, P54,000.- / 2 years to pay in 4 installments / 12% interest p.a., non-compounded / payment in progress.

BISTRO Tagbilaran / startup capital for CASEC's restaurant venture: 

• Sept. 18, 2000, P30,000.- / 1 year to pay in 4 installments / 12% interest p.a., non-compounded / fully paid.