A loan helped to buy stock of groceries, rice, charcoal, and soft drinks.

Rosita's story

Rosita, 43 years old, manages a retail store in Polomolok, South Cotabato. The profit derived from her business augments her husband Julius’ salary and supports the education of their three children, two of whom are studying in college while the youngest is still in elementary level.

Many Filipinos earn a living on a daily basis. Meaning, they are paid after every day of work, 200 PHP or 300 PHP per day for example. They budget this amount for daily food, transportation, and other usual expenses. Therefore they cannot afford to buy big volume of supplies for long time household use such as sacks of rice, big bottles of cooking oil, several kilos of sugar, and so on. This is the reason why retail stores are very common in different communities. Customers buy repacked cooking oil good for one-time cooking or one sachet of shampoo good for two showers.

Just like other store owners, Rosita suffers from long term debt of some of her neighbors, which affects the stability of her business. This is why she applied for a 15,000 PHP loan to buy stock of groceries, rice, charcoal, and soft drinks. In due time, she aspires to widen her inventory so she can attract more customers.

She prays for a college diploma for all her children and good living conditions for her whole family someday. She shares her experiences and aspirations with her co-fellowship* members at CCT Credit Cooperative. They regularly meet every week to share stories about their life and businesses and to draw strength and inspiration from the fellowship and the Word of God.

*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 Micro Finance loans.

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