A loan of $450 helped to buy a few piglets for a hog business and groceries for a variety store.

Yolanda's story

Yolanda S., 56, is making sure that her family has enough provisions for their daily needs. She is married to Domingo S., an Overseas Filipino Worker based in Qatar, and they are blessed with two children. She helps her husband earn so that their family can have a better life. She has been managing her own hog-raising business while operating a jeepney and a variety store.

Yolanda has been a regular member of Center for Community Transformation (CCT)* for more than a year 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 quite a few times in CCT’s Cooperative. She is consistent in paying her dues because she uses the money she borrows to expand and improve her businesses.

To ensure the success of her business, she has applied for a 20,000 Philippine peso loan. This money will be used as a source of added capital for her expanding business to buy a few piglets for the hog business and groceries for the variety store. She dreams that her business will continue to grow so that she can provide for her children’s education.

* 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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