100%

funded

Total loan: $350

Salve

Flag of Philippines
Pasay City, NCR, Philippines / Retail

Salve's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy more supplies of products to display in her store.


Salve's story

Sari-sari stores are seen everywhere in the Philippines. Sari-sari means "variety". Since then, they provide the people with products mostly needed for everyday survival - from products for personal hygiene such as shampoo, toothpaste, and powder to condiments, food, canned goods and other stuffs at a low cost. This is why many of those who want to go into business often start by being a sari-sari vendor because with just a small capital, you can automatically operate a store and earn.

It's just like Salve, 55 years old, from Pasay City, Metro Manila. She began being involved in this kind of business five years ago. And through all those years, she was able to provide her children a living through the income she gets from the store. What she does is basically buy stuffs in a large quantity and then display them at her store and sell them at retail, often at a price that is very affordable for people but is larger than the original price so she can have a profit.

However, you cannot expect a regular and stable income from this since sales vary from time to time. For this reason, Salve wants to ask you for a PHP 15,000 loan that she will use to buy more supplies of products to display in her store. Certainly, this will really help her improve her business and attract more customers.

She meets up with her co-fellowship* members to share stories of her life and business every week and draw strength and inspiration from the fellowship and 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 microfinance loans.