A loan of $700 helped to buy grocery items, toiletries and beverages needed in his business.

Arnold's story

Arnold is a single man from Pontevedra, Capiz, Philippines. His area was affected by typhoon Haiyan when it hit in November 2013. He is a responsible and a hard-working businessman. He is able to support his mother and his brother with his variety store business.

Arnold has operated his variety store for seven years now. In the Philippines, a variety store is basically a small convenience store which retails groceries, toiletries, and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a PHP 5 worth of cooking oil, or an egg. He earns income by getting supplies at wholesale prices and selling by the piece. His store is located adjacent to his house. His regular customers are his neighbors and the local community. He earns a minimum of 350 PHP in sales every day.

To help him continue operation of his business, he is requesting a PHP 30,000 loan. He will use the loan to buy groceries, toiletries and beverages to expand his product inventory.

Arnold hopes that his business will continue to flourish and dreams of having a better living. He meets up with his co-fellowship* members to share stories of his life and business every week and also draws 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 Micro Finance loans.

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