A loan of $825 helped to pay for grocery items and products needed in her business.

Angeli's story

This is Angeli, 30, resident of Bacoor, Cavite City, Philippines. She is married to Ricky, a baker, and mother to their two children. She, with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Angeli 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. Angeli earns by getting supplies at wholesale prices and selling by the piece.

Aside from the variety store, she has a bake shop where different types of pastries and bread are sold. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 1,270 in sales every day.

To help her continue operations of her business, she is requesting a PHP 35,000 loan. She will be using the loan to buy groceries, toiletries and beverages to expand her product inventory and to pay for raw ingredients and products needed in her bakeshop. She expects a boost in her business income as she expands her business.

Angeli hopes to be able to expand soon, just as she hopes to have her own house and lot. 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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