A loan of $1,025 helped to buy raw materials for rugs and stocks for her store.


Remedios's story

Remedios C., 55, is making sure that her family has enough provisions for their daily needs. She is married to Renato C. and they are blessed with six children. She has been making and selling doormats and rugs for 30 years.

Remedios has been a regular member of Center for Community Transformation* (CCT) for more than four 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 11 times in CCT’s Cooperative. She is consistent in paying her dues because she uses the money she borrows as added capital for her business.

Now with your help, she would like to apply for loan of PHP 47,000. This amount will be used as a source of added capital for her expanding business by buying raw materials needed for her rug making business and added stock for her store.

She dreams that her business will grow so that they can have their own house someday.

* 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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