A loan of $475 helped to pay for grocery items, toiletries and beverages needed in her business.

Cherie's story

This is Cherie, 28, a resident of Pontevedra, Capiz, Philippines. She is married to Erwin, a businessman, and they have children. She, together with her husband, manages their household while operating the business. She and her husband are working hard to provide income for their everyday needs.

Cherie operates a variety store. In the Philippines, a variety store is basically a small convenience store that 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. Anita earns by getting supplies at wholesale prices and selling by the piece. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 600 in sales every day.

To help her continue operations of her business, she is requesting a PHP 20,000 loan. She will be using the loan to buy groceries, toiletries and beverages to expand her product inventory and also she will purchase additional items for her direct selling business. She expects a boost in her business income as she expands her business.

Cherie hopes to improve her business and have other sources of income. She dreams to give her children a good and quality education. 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 pay microfinance loans.

Loan details

Lenders and lending teams

Loan details