A loan of $500 helped to pay for more stock of fishnets and scouring pads needed in his business.

Gregorio's story

This is Gregorio, 41, resident of Payatas, Philippines. He is married to Normita, a housekeeper, and is a father to his children. He, together with his wife, manages their household while operating the business. At this time, he is working hard to continually provide income for his everyday expenses.

Gregorio is into selling fishnets. He gets a big amount of fishnets from a wholesaler and then sells them per piece. He also sells scouring pads used for cleaning pots and pans. His regular customers are his neighbors and the local community. He earns a minimum of Php 400 in sales every day.

To help him continue operations of his business, he is requesting a Php 20,000 loan. He will be utilizing the loan to buy more stock of fish nets and scouring pads for his business. He expects a boost in his business income as he expands his business.

Gregorio hopes his business grows and dreams to be able to give his family a good future by the grace of God. He faithfully meets up 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 pay microfinance loans.

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Loan details