A loan of $200 helped to pay for grocery items, toiletries and beverages needed in her business.

Aida's story

Aida is 52 years of age, married and has two children. As a way of generating income, she has engaged in variety store business within her community for almost nine years now. Her husband, Rodolfo, helps her in their business and they work hand-in-hand to provide for their needs.

In the Philippines, a variety store is a retail store that sells inexpensive items, often with a single price for all items in the store. It is the place to go to buy one sachet of shampoo, Php5-worth of cooking oil, or an egg. She earns by getting supplies at wholesale prices and selling by piece. Her regular customers are her neighbors and the local community. She earns a minimum of Php500 in sales every day.

Due to financial insufficiency, Aida wants to make her business more profitable in order to earn a higher income. For this reason, she would like the help of a loan amounting to 8,000 PHP (Philippines pesos) to buy additional grocery items that are needed. Being a kind and friendly mother, she is hoping that she will further improve the business through this financial assistance.

Aida hopes to stay strong and fit for work so that she could continually help to sustain their everyday needs. She meets up with her co-fellowship* members to share stories of her life and business every week and where she can also draw strength and inspiration from the fellowship and the Word of God she 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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