A loan of $250 helped to pay for grocery items and products needed in her business.

Lorena's story

This is Lorena, 44, a resident of Silang Cavite, Philippines. She is married to Arnulfo, a baker, and mother to their four children. She, together with her husband and children, manage their household while operating their business. At this time, she is working hard to continually provide income for their everyday expenses.

Lorena operates a variety store. In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a PHP 5-worth of cooking oil, or an egg. Lorena earns by getting supplies at wholesale prices and selling by the piece. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 400 Philippine Pesos (PHP) in sales every day. Aside from the variety store, she also manages their bakery.

To help her continue operations of her business, she is requesting a PHP 10,000 loan. She will be using the loan to buy groceries, toiletries and beverages to expand her product inventory. Part of the loan will be used to buy flour, oil and sugar as well. She expects a boost in her business income as she expands her business.

Lorena. hopes that her business will continue to be successful and dreams to be able to give her family a good future through all her hard work on her business. She faithfully meets with her co-fellowship* members to share stories of her work every week and where she can also draw strength and inspiration from the word of God she studies.

* 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 repay microfinance loans.

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