A loan of $1,250 helped to buy a variety of fish for his business.


Florencio's story

This is Florencio. He previously accessed a PHP 15,000 loan that he used to buy more fish. His earnings were a big help for the education of his children and with their personal, household and business expenses. He would like to apply for another loan, of PHP 51,000, which he will be using to buy a variety of fish for his business. His profits from his business will definitely help him to cover their daily needs and the educational expenses of his children. He looks forward to this financial improvement with gladness and thankfulness in his heart. He hopes to put up a new business and dreams to give a good life and education to his children. He meets with his co-fellowship* members to share stories of his work every week, 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, to build social capital, and to repay microfinance loans.



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