Total loan: $250
Dasmarinas, Cavite, Calabarzon, Philippines / Food
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A loan helped to pay for raw ingredients and products needed in her business.
This is Mariam, 26, a resident of Dasmarinas, Cavite City, Philippines. Single, she manages her household while operating the business. At this time she is working hard to continually provide income for her everyday expenses. Mariam operates a food stall. In the Philippines, the whole working community and most of the families only eat home-cooked meals during evenings where all of the family members are at home to take part of the meal. This is not only a usual family tradition but a matter of convenience and frugal living. It is considered a waste of money and time to use cooking gas and prepare food for one to two persons when buying cooked rice and viands cost less than raw food. Her regular customers are her neighbors and the local community. She earns a minimum of Php 400 in sales every day. To help her continue operations of her business, she is requesting a Php 10,000 loan. She will be utilizing the loan to buy more quantities of products like meats, rice, vegetables, condiments and seasonings, and frozen food products. She expects a boost in her business income as she expands her business. Mariam dreams to grow her business in the future. She faithfully meets up with her co-fellowship members to share stories of her work every week and where she 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 pay Micro Finance loans.