A loan of $350 helped to pay for scrap materials needed in his business.


Jonathan's story

This is Jonathan, 36, a resident of Bacoor, Cavite, Philippines. He is single and manages his own household while operating the business. At this time, he is working hard to continually provide income for his everyday expenses.

Jonathan operates a junk shop. Trash is not actively segregated in the Philippines, and while waiting for their local dump trucks, people scavenge garbage dumps and trash bags for recyclable materials like metal, copper, plastic, paper and other materials. They sell these to junk shops like Jonathan's for a little profit. Junk shops then stack, clean, and gather huge quantities of these materials and sell them back to foundries like factories. His regular customers are the local community. He earns a minimum of 1,000 Philippine Pesos (PHP) in sales every day.

To help him continue operations of his business, he is requesting a PHP 15,000 loan. He will be incorporating the loan into his current revolving fund used to buy recyclable materials from collectors. He expects a boost in his business income as he expands his business.

Jonathan hopes his business grows more in the coming years. He faithfully meets with his co-fellowship* members to share stories of his work every week and where he can also draw strength and inspiration from the word of God he 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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