A loan of $750 helped to pay for spare parts and maintenance of her tricycle unit.


Mercedez's story

This is Mercedez. Her previous loan was a big help in her business, enabling her to buy needed spare parts for her tricycle. She also has a van that she rents for additional income. She and her husband are working hard to provide income for their everyday needs, and the earnings facilitated by the loan helped in the education of her children and in the family's household expenditures. Mercedez would like to apply for another loan of 30,000 Philippine pesos (PHP) to pay for spare parts and for the maintenance of the tricycle unit. The profits from this business will definitely help her to meet the family's daily needs as well as support her children's education. She looks forward to this financial increase with gladness and thankfulness in her heart. Mercedez hopes to have another vehicle in the future and dreams that her children will finish their studies. She meets up with her co-fellowship members to share stories of her life and business every week and to draw strength and inspiration from her studies of the Word of God. * All CCT community partners and/or clients are organized into fellowship groups that meet on a weekly basis. A fellowship group is composed of 15-30 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