A loan of $1,100 helped to buy raw ingredients for her food stall business, some ready-to-wear items and various designs of silver jewelry.

Febe's story

Febe P., 40, is making sure that her family has enough to provide for their daily needs. She is a single mother with two children. She makes sure that she earns well so that her family can have a better life. She has been managing her own food stall business while also selling ready-to-wear items and silver jewelry for quite some time now.

Febe 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 was able to borrow quite a few times in CCT’s Cooperative. She is consistent in paying her dues because she has used the money she borrowed to expand and improve her businesses.

To ensure the success of her business, she would like to apply for a PHP 50,000 loan. This amount will be used as a source of added capital to her expanding business by buying more ready-to-wear items, silver jewelry and raw ingredients needed to continue production of her food stall business.

She dreams that her business will continue to grow so that she can provide for her children’s education. She also dreams of being able to put up her own commercial space.

* 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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