Total loan: $975
Taguig City, NCR, Philippines / Retail
Nenita's loan finished fundraising,
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A loan helped to pay for grocery items, toiletries and beverages needed in her business.
This is Nenita, 54, a resident of Taguig, Philippines. She is single and she operates the business. At this time, she is working hard to continually provide income for her everyday expenses. Nenita 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 piece. Her regular customers are her neighbors and the local community. She earns a minimum of Php500 in sales every day. To help her continue operations of her business, she is requesting a Php40,000 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. Nenita hopes to expand her business. 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 repay Micro Finance loans.