A loan of $350 helped to buy additional newspapers for her newspaper selling business.

Catalina's story

Catalina C., 60, is making sure that her family has enough provisions for their daily needs. Married to Prudencio C., who is retired, they are blessed with four children who are living their lives independently. She makes sure that she helps her husband earn so that their family can have a better life. She has been selling newspapers for seven years.

Catalina has been a regular member of Center for Community Transformation* (CCT) for more than ten 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 has been able to borrow from CCT’s cooperative seven times. She is consistent in paying her dues because she used the money she borrowed as additional capital for her business. Her business makes a profit of PHP 15,000 per month.

With your help, she would now like to apply for a PHP 15,000 loan. This amount will be a source of additional capital for her expanding business and will be used to buy additional newspapers for her newspaper selling business.

She dreams that her business will grow large enough to supply the needs of her family.

* 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.

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