Total loan: $550
Baseco, Manila, NCR, Philippines / Retail
Flag of Philippines
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A loan helped To buy merchandise to sell.
Leonora D., 52, is an entrepreneur with a knack for multitasking. She has been a widow for 18 years, and raised her five children (who are all married now) alone. As a mother, she always work very hard to provide for the daily needs of her family. At present, Leonora lives in Baseco Port Area, Manila. Being in the direct-selling business, Leonora has developed the skill to choose quality products and deal with people in the neighborhood to turn them into regular customers. She mainly sells household products like kitchen wares, accessories, cosmetics, and the like. At this time, Leonora is trying to maintain her good reputation, which gained her the trust of her management. Monthly,she earns an average net income of Php10,800. Leonora wants to maximize her potential as a multi-tasking entrepreneur. To help her do that and grow her businesses, she would like to request a Php24,000 loan. She plans to use this amount into increase the number of products she sells in order to better meet the specific needs of her regular customers. Certainly, Leonora has her share of customers who do not pay on time. Nevertheless, she still prays for the ability to collect their payments and prays for God's blessings for those customers. Being six years in this kind of business, Leonora has received awards and recognition from her company for being a top performer for three consecutive years. Because of this, she is inspired to give this business all her best. Leonora believes that everything can be possible through hard work and strong faith in God. As CCT community partner, she faithfully attends to their weekly fellowship* meeting where she can also draw strength and inspiration from the Word of God she received. *All CCT community partners/clients are organized into fellowship groups that meet on a weekly basis. A fellowship group is composed of 15 to 30 community partners. The fellowship groups gather each week to study the Word of God, build social capital, and pay microfinance loans.