A loan of $1,225 helped to pay for more bridal gowns and dresses to expand his product inventory.

Fedel's story

This is Fedel, 50, a resident of Manila, Philippines. He is a single father. Together with his children, he manages their household while operating the business. At this time, he is working hard to continually provide income for their everyday expenses.

Fedel operates a bridal gown retailing business. What he basically does is buy bridal gowns from his suppliers and sell them per item with a profit. His products are bridal gowns and dresses. His regular customers are people in the local community. He earns a minimum of 3000 Philippine Pesos (PHP) in sales every week.

To help him continue operations of his business, he is requesting a Php 50,000 loan. He will be utilizing the loan to buy more quantities of bridal gowns and dresses to expand his product inventory. He expects a boost in his business income as he expands his business.

Fedel hopes to grow his business and dreams of being able to give his family a good future through all his hard work on his business. He faithfully meets up with his co-fellowship members to share stories of his work every week and 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 Micro Finance loans.

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Loan details