A loan of $350 helped to pay for grocery items, toiletries and beverages needed in his business.

George's story

George is 48 years old and he is married with children. As a way of generating income, he has engaged in a variety store business within his community in Iloilo, Philippines for eight years now. He, together with his wife, works hard to provide for the everyday needs of their family. They also manage a food stall business.

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, a Php5-worth of cooking oil, or an egg. He earns by getting supplies at wholesale prices and selling by piece. His regular customers are his neighbors and the local community. He earns a minimum of Php500 in sales every day.

Due to financial insufficiency, George wants to make his business more profitable in order to earn a higher income. For this reason, he would like to request a loan amounting to 15,000 PHP (Philippines pesos) to buy additional grocery items that are needed. He is hoping that he will further improve the business through this financial assistance.

George hopes for his business to develop and prosper. He dreams for his children to finish their studies. He meets up with his co-fellowship* members to share stories of his life and business every week, and he can also draw strength and inspiration from the fellowship and 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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