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“I saw a lot of unpleasant things growing up in a beerhouse. People called my mother a whore, but I’m proud of where I am now.”

Initial loan: P40,000 Annual sales: P2.3 M Annual profit: P640,000

As the son of a GRO, Henry Bayaua spent many nights crying in the basement of a beerhouse in Isabela, witnessing things no child should see. When he was old enough, he left to try his luck in Caloocan City, Metro Manila. Having finished only high school, he sold barbecue on the streets to earn a living. Life was hard, and he went back to Isabela to work as a helper in a welding shop.

Many years later, the beerhouse he grew up in closed down. Henry decided to use the space to open his own welding shop. He had two welding machines and two helpers. Day and night, they built and repaired threshers, trailers, and other equipment that other shops refused to fix.

In 2003, he borrowed P40,000 from the First Isabela Cooperative Bank (FICO) to expand his business. Today, his shop builds some of the best farming equipment in Northern Luzon. He employs 15 people, whose life and health insurance needs he takes particular care of. “He knows the life of a worker,” says one of his employees. “That’s why he understands our needs.”