Ceferena

Ceferena's mini grocery shop business has been progressing forward for almost four years. Her daily income from her shop helped a lot in providing the needs of her two children who are currently attending grades 4 and 5. Her husband drives a public utility vehicle for earning a daily income.

Ceferena's shop has improved after she received her first loan from Lendwithcare lenders March 2022. She invested the loan money in buying the items she sells in her shops such as chips, biscuits, candies, rice, corn, groceries, and many more items. She sells her items at a wholesale price so that her customers who run a small-scale sari-sari store can make some profits. Previously she had two employees and now she has four employees. Her shop is creating local employments. Her shop is open from 5 in the morning and closes at 7 in the evening. She is paying a monthly rent of 6,000 pesos (£89.90) and recently paid her annual permits and licenses of about 7,000 pesos (£104.89) to keep operating her business.

Ceferena has applied for another larger loan. She will use the loan mainly as additional working capital to maintain every fast-selling item she sells like biscuits, candies, rice, corn, sodas, and other grocery items. Having more stocks on the shelves and store helps a lot to increase her daily sales. Ceferena is happy and thankful for having access to loans that helps her business progress even more. She will repay the loan in ten months' time.