A loan of $525 helped increasing store inventory.

Adelaida's story

Adelaida A., 55, is making sure that her family has enough provisions for their daily needs. Married to Nestor Ogaro, they are blessed with 10 children, five of whom are already working. Having a big family, both of them make sure that they earn enough for their family’s basic needs. She and her husband have been managing her own variety store for more than 14 years.

Adelaida has been a regular member of Center for Community Transformation* (CCT) for more than seven years now. She regularly attends their weekly fellowship meetings and pays her weekly dues consistently. Because of her good repayment performance with her previous loans, she was able to borrow several times from CCT’s cooperative. She is consistent in paying her dues because she used all the money she borrowed to buy added stocks in her variety store. Her business lets her earn a net profit of 9,000 Philippine pesos (about $197 US) per month.

Now with your help, she would like to get a loan of 24,000 pesos. This amount will be used as a source of added capital for her expanding business by buying additional stocks for her store.

She dreams that her three children who are still studying can ultimately graduate from college so that they too can have a better life.

* 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.

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