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Marikina shoemaker sells belongings, takes out loans to keep business afloat

Marikina shoemaker sells belongings, takes out loans to keep business afloat
Published May 25, 2021 10:36pm
A Marikina shoemaker and retailer who had to sell his motorcycle and his farm animals in the province was also forced to take out loans just to keep his business afloat amid the COVID-19 pandemic s economic impact.
According to Maki Pulido’s report on “24 Oras,” Randy Palao sold 30 pairs of shoes and slippers before the pandemic, but nowadays he was lucky to sell 3 pairs.
“Minsan ‘yung upa namin dito, inuutang pa rin namin,” Palao said.
(Even the money we use for rent is borrowed.)
Palao said that despite this, he considered himself lucky as his business remained open. ....

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