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Total loan: $350
Silang, Cavite, Calabarzon, Philippines / Retail
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Sherly's loan finished fundraising,
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A loan helped To pay for grocery items and products needed in her business.
This is Sherly, 33, resident of Silang Cavite, Philippines. She is married to Felix, a construction worker, and is a mother to her only child. She, together with her children, manages their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses. Sherly operates a variety store. In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a Php5-worth of cooking oil, or an egg. She earns by getting supplies at wholesale prices and selling by the piece. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of Php 250 in sales every day. To help her continue operations of her business, she is requesting a Php 15,000 loan. She will be utilizing the loan to buy groceries, toiletries and beverages to expand her product inventory. She expects a boost in her business income as she expands her business. Sherly hopes to be able to expand soon and dreams of having her own house and lot in a prominent subdivision someday. She faithfully meets up with her co-fellowship* members to share stories of her work every week and where he can also draw strength and inspiration from the Word of God she studies. * 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 repay Micro Finance loans.