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Siomai on wheels brings business success to Batangas couple

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Jessica Fenol, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2017/business/12/22/selling.jpg"/></figure></div>MANILA - From walking 5 kilometers a day to peddle a basket full of banana cue, the husband and wife tandem of Reynante and Raquel Manimtim parlayed their P100 venture into a thriving siomai business.The Manimtims took out a P25,000 loan from a local bank to buy a motorcycle, which they later converted into a food cart in San Juan, Batangas.The Manimtim couple now owns a fleet of 11 motorized &quot;Princess Siomai&quot; food carts earning P45,000 a day.&quot;Para po sa amin walang yumayaman sa nangangamuhan kaya nag-business kami,” Mr. Manimtim told ABS-CBN News.(Nobody got rich serving a boss, that&#x27;s why we started a business.)&quot;Noong medyo umunlad na po, gumawa kami ng siomai nagtinda kami araw araw hanggang sa lumago,&quot; he said.(When the business started to grow, we made siomai and sold them every day until it thrived.)<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2017/business/12/22/motorbike-cart.jpg"/><figcaption>Reynante and Raquel convert motorbikes into food carts. Photo by Raquel Manimtim</figcaption></figure></div>Despite their success Mrs Manimtim said she remains strict with their budget.“Hindi ako mahilig sa mga material na bagay. Unahin ko muna ang negosyo ko para maging stable siya. Noong stable na siya, tsaka kami bumili ng gusto namin like nag-invest sa lupa,&quot; she said. (I&#x27;m not fond of material things. I put our business first so that it will be stable. When it became stable, that&#x27;s when we bought what we want like a house and lot.)They couple also sells siomai in bulk to nearby towns.&quot;Ngayon nakakakain na kami sa gusto namin kainan, hindi na nagaalala na ang budget namin ay pang lomi, pang turo turo lang,&quot; she said.(Now we can eat what we want without worrying that our budget is only good for lomi or small canteens.)The couple was recognized as the Regional Awardee for Luzon in the recent Citi Microentrepreneurship Awards 2017 held at the Bangko Sentral ng Pilipinas.

From walking 5 kilometers a day to peddle a basket full of banana cue, the husband and wife tandem of Reynante and Raquel Manimtim parlayed their P100 venture into a thriving siomai business.

From walking 5 kilometers a day to peddle a basket full of banana cue, the husband and wife tandem of Reynante and Raquel Manimtim parlayed their P100 venture into a thriving siomai business.

Siomai on wheels brings business success to Batangas couple

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Siomai on wheels brings business success to Batangas couple

Jessica Fenol,

ABS-CBN News

Published Dec 22, 2017 11:03 AM PHT

|

Updated Dec 22, 2017 06:20 PM PHT

Read More:

Siomai

entrepreneurship

Citi microentrepreneurship awards

microfinancing

lending

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