A loan of $1,100 helped buying additional items for her existing general store and to buy bulk groceries and softdrinks for a new expansion.

Jocelyn's story

Jocelyn R., 53, is making sure that her family has enough provisions for their daily needs. Jocelyn, a widow with two children, has always been challenged to provide daily needs for her family. She makes sure that she earns well so that her family can have a better life. She has been managing her own general store for years and is now planning to expand to a new variety store.

Jocelyn 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 business.

To ensure the success of her business, she would like to apply for a PHP50,000 loan. This amount will be used as a source of added capital to her expanding business by buying more quantities of groceries, beverages and other items for the opening of her new variety store.

She dreams that her business will continue to grow so that she can provide an education for her children. She also dreams to be able to buy their own house and lot.

* 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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