A loan of $550 helped to buy more charcoal and different ingredients for her food stall.

Teresita's story

Teresita is a 47-year-old resident of Silang, Cavite, Philippines. She is married to Domingo, a porter, and is a mother to her children. She and her husband work hard to provide income for their everyday expenses, as they also manage their household.

Teresita buys and sells charcoal. She buys large quantities of charcoal and then sells them per plastic or per sack. She also has a food stall. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 550 PHP in sales every day. To help her continue the operation of her business, she is requesting a loan for 22,000 PHP. She will be using the loan to buy more charcoal as well as different ingredients for her food stall. She expects a boost in her business income as she expands.

Teresita hopes to expand her business and dreams of having a better life. She faithfully meets up with her co-fellowship members to share stories of her life and business every week and to draw strength and inspiration from fellowship and the Word of God that 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, to build social capital, and repay microfinance loans.

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Loan details