100%

funded

Total loan: $1,300

Marilou

Flag of Philippines
General Santos City, South Cotabato, SOCCSKSARGEN, Philippines / Services

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A loan helped to buy new equipment for her vulcanizing shop.


Marilou's story

Marilou, 44 years old, shows her small vulcanizing area in front of her house located in Calumpang, General Santos City which is a good supplementary source of her family’s livelihood. She’s been operating this business for several years now and she pays one worker to do the manual work. She’s the one who transacts with clients and vehicle owners, and performs the tasks of purchasing and cashiering. Aside from this, she also raises hogs in her backyard and retails charcoal per kilo. Her husband, Noel, on the other hand, drives a “habal-habal”. It is a single motorcycle with extended backseat (usually made of wood) which is being used to transport passengers in remote and mountainous areas. Amazingly it can accommodate 3 to 5 passengers or back riders. Their income provides for their daily expenditures and the education of their two youngest children.

Marilou needs to buy new equipment for her vulcanizing shop, but her reserved money was utilized for the seaman’s application of her son. She didn’t fickle in providing for his son’s application because her whole family believes that it’s one way to alleviate them from poverty. Hence she is seeking your heartfelt support to lend her an additional capital worth PHP 60,000. She will use this to buy new vulcanizing equipment, feed for her hogs, sacks of charcoal, and “habal-habal” spare parts. She will also set aside some amount for her son’s allowance during the seaman’s training.

Marilou dreams to see all her children graduate from college and have a brighter future. She shares her experiences with her co-fellowship* members at CCT Credit Cooperative who regularly meet every week to inspire and strengthen each other through the Word of God. *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 microfinance loans.