The following article was an interview of the co-founders of The Compassionate Friends Philippines by The Sunday Inquirer Magazine SURVIVORS’ TALES But What Do You… Read More »In Sunday Inquirer Magazine: An Interview with The Compassionate Friends
Woe me, the hazards of an eload or auto load business or for cash transactions for that matter.
I have a small SMART Eload and Globe Auto Load Max business in the village. It doesn’t really yield significant profits since one only gets 14% profit. But hey, 14% of anything is still something. You can’t even get 14% a year in bank time deposits. You can just imagine how much money our telecom giants like GLOBE and SMART make a month.
Having an eload business pays for half the helper’s salaries. With a profit sharing scheme, the helpers are happy. And happy helpers generate better work attitude. It also offers them a chance to socialize in our neighborhood.
Today, when I deposited some of the earnings for my SMART MONEY at the Banco de Oro, the bank teller immediately spotted a fake 100 peso bill.