A loan of $200 helped to pay for spare parts and for maintenance on the tricycle units (motorcycle and sidecar) units used in his transportation business.

Arnold's story

This is Arnold, 35, a resident of Silang, Cavite, Philippines. He is married to Susana, a vendor, and they have three children. He and his wife manage their household, while operating the business. They both work hard to provide for their everyday needs. Arnold conducts a tricycle transportation business. He owns and drives one tricycle unit (motorcycle with sidecar), which will carry up to four passengers to their destination within the community. He works from early in the morning until late in the evening. There are times when he drives late until the wee hours of the morning in order to make a better profit. His regular customers are his neighbors and members of the local community. The family has a total of four tricycle units. The three tricycles are being used by other tricycle drivers, who then pay their daily quota. Arnold earns a minimum of PHP 1,200 per day from his transportation business. To help him continue operating the business, he is applying for an loan of PHP 8,000. He will use the loan to buy motorcycle parts for the maintenance of his four tricycle units. He has to maintain his units in good condition in order to have a regular income to cover the daily needs of his family. Arnold dreams of having more tricycles. He meets up 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, build social capital, and repay microfinance loans.

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