A loan of $350 helped to pay for grocery items and products needed in his business.

Pedro's story

This is Pedro, 48, resident of Pasay City, Philippines. He is married to Margarita. Pedro and his wife manage their own household while operating the business. At this time, he is working hard to continually provide income for their everyday expenses.

Pedro operates a variety store. In the Philippines, a variety store is basically a small convenience store which retails groceries, toiletries and beverages piecemeal in the local neighborhood. It is the place to go to buy one sachet of shampoo, 5 pesos' worth of cooking oil or an egg. He earns money by getting supplies at wholesale prices and selling by the piece. His store is located adjacent to his house. His regular customers are his neighbors and 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,Pedro is requesting a 15,000 PHP loan. He will be utilizing the loan to buy groceries, toiletries and beverages to expand his product inventory. He expects a boost in his business income as he expands his business. Pedro hopes to be able to expand soon and maintain his good health. He faithfully meets up with his co-fellowship* members to share stories of his work every week. This is 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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