A loan of $275 helped buying additional ornamentals, fertilizers, needed materials and spare parts for the maintenance of tricycle unit.

Simeona's story

Simeona B., 59, is making sure that her family has enough provisions for their daily needs. Happily married to Danilo B., a farmer, they are blessed with 5 children. Simeona makes sure that she helps her husband earn so that their family can have a better life. She has been into managing an ornamental and flower raising business while also operating a tricycle unit for seven years now.

Simeona has been a regular member of the Center for Community Transformation (CCT) for more than five years now. She regularly attends its weekly fellowship meetings* and pays her weekly dues consistently. Her good repayment performance with her previous loans means she was able to borrow six times from CCT’s Cooperative. She is consistent in paying her dues because she used the money she borrowed to expand and improve her business.

To ensure the success of her business, Simeona would like to apply for a loan of 12,000 PHP. This amount will be used as a source of added capital to her expanding businesses for buying additional ornamental plants, needed materials and also buying spare parts for the maintenance of their own tricycle unit.

Simeona dreams that her business will continue to grow so that she can buy an additional home lot for their children to settle on 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 microfinance loans.

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