A loan of $1,250 helped to pay for recyclable materials needed in his business.


Jonathan's story

This is Jonathan. His previous loan was a big help to his business. With the loan borrowed, he was able to start a new business as well. He also has a junk shop. His meat and fish business is still existing, but he is now more focused on his junk shop. He would like to apply for a new 50,000 PHP (Philippines pesos) loan. He will use the loan to buy more recyclable materials for his junk shop. He will also use the loan to buy hogs, for he is planning to enter the piggery business. His profits from his business will definitely help him to sustain his daily needs. He looks forward to this financial increase with gladness and thankfulness in his heart. Jonathan dreams that he will be successful in all his business endeavors. He is also hoping to have his own family. He meets every week with his co-fellowship* members to share stories of his work. It is 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 repay microfinance loans.



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Loan details