Small loan, big difference

ENI – Entrepreneurs with small enterprises in the northern Philippines say a church-backed financing program has helped improve the overall quality of their lives and also helped to strengthen their Christian faith. “I thank the Lord Jesus Christ for giving us the [Swiss-based] Ecumenical Church Loan Fund because without it, my family would not be where we are now,” said 50-something Estrella Baliang, who buys and sells socks, jackets and other clothes. “With the ECLOF backing, our business continues to grow.”
The “fair-credit-to-promote-human-development” project was begun in 1946 and has a partnership with the World Council of Churches. It is present in 30 developing countries and it has 1,450 clients in the Philippines.