A loan of $375 helped to purchase grocery items, toiletries, and beverages.

Rosario's story

Rosario is 40 years old, married, and has children. She is a resident of Malibay, Pasay, Philippines. Her husband is a driver. She and her husband manage their household while operating the business. She is working hard to continually provide income for their everyday expenses.

Rosario operates a variety store. In the Philippines, a variety store is a retail store that sells inexpensive items, often with a single price for all items in the store. It is the place to go to buy one sachet of shampoo, 5 PHP worth of cooking oil, or an egg. She earns a profit by getting supplies at wholesale prices and selling by piece. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP every day.

Rosario is requesting a loan for 15,000 PHP, which she will use to buy groceries, toiletries, and beverages to expand her product inventory. She expects an expansion in her business income as she enlarge her business.

Rosario dreams to expand her business and hopes to give her children a good education. She faithfully meets up with her co-fellowship* members to share stories of her life and business every week and where she can also draw strength and inspiration from the fellowship and God.

* 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 God, build social capital, and repay microfinance loans.

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