A loan of $450 helped to pay for recyclable materials needed in his business.

Renan's story

Renan is a 37-year-old resident of Silang, Cavite, Philippines. He is still single and he works hard to provide income for his everyday needs. He is also financially assisting his parents and siblings. Renan operates a junk shop.

Since trash is not actively segregated in the Philippines, people scavenge garbage dumps and trash bags while waiting for their local dump trucks. They scavenge for recyclable materials like metal, copper, plastic, paper, and other materials. They sell these to junk shops like Joey’s for a little profit. Junk shops then stack, clean, and gather huge quantities of these materials and sell them back to foundries such as factories. His regular customers are his neighbors and the local community. He earns a minimum of 200 PHP in sales every day.

To help him continue the operation of his business, he is requesting an 18,000 PHP loan. He will be incorporating the loan with his current revolving fund, which is used to buy trash from collectors. He expects a boost in his business income as he expands his business.

Renan hopes that his business will continue to grow and he dreams that his family will have a good life. He meets up with his co-fellowship members to share stories of his life and business every week and to draw strength 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, to build social capital, and to pay microfinance loans.

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