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Total loan: $1,200
Tondo, Manila, NCR, Philippines / Food
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Fernando's loan finished fundraising,
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A loan helped buy coconut to resell.
This is Fernando, 42, a resident of Silang, Cavite, Philippines. He is married to Cherry Ann, a vendor, and is father to his children. He, together with his wife, manages their own household while operating the business. At this time, he is working hard to continually provide income for his everyday expenses. Fernando operates a coconut stand. He buys coconut that are native to the Philippines which are grown mostly in the south region of Luzon. He also sells other Filipino fruit staples. His regular customers are his neighbors and people in the local community. He earns a minimum of PHP 500 in sales every day. To help him continue the operations of his business, Fernando is requesting a PHP 50, 000 loan. He will be utilizing the loan to buy more quantities of coconut to expand his product inventory. He expects a boost in his business income as he expands his business. Fernando dreams to grow his business in the coming years. He faithfully meets up with his co-fellowship* members to share stories of his work every week and where he can also draw strength and inspiration from the Word of God he 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.