A loan of $475 helped to pay for grocery items, toiletries, and beverages needed in her business.

Carmen's story

This is Carmen. She previously accessed a PHP 17,000 loan that she used to purchase more quantities and varieties of grocery items, toiletries, and beverages needed in her business. Her earnings were a big help in her personal, household, and business expenditures.

She would like to apply for another PHP 19,000 loan to buy groceries, toiletries, beverages, and other products to add to her current inventory. The more items displayed at the store, the better. More items to sell will result in better profit. Her profits from business will definitely help her to sustain her daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Carmen hopes that her business will continue to grow. Every week, she meets up with her co-fellowship* members to share stories of her life and business and to draw strength and inspiration from the Word of God she studies.

* All Center for Community Transformation Credit Cooperative (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.

Loan details

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Loan details