Friends to Lovers: A formula for a harmonious business partnership

The Taloretes turned their small loan into a thriving business. From a small operation to a grown business – allowing them to employ several workers and contribute to their families’ financial stability and educational opportunities.

The story of Ronelito and Jovelyn Talorete from Negros Oriental is of perseverance and hard work. From humble beginnings as friends introduced through a mutual connection, the couple has transformed their lives, building a thriving sand and gravel business together.

The Taloretes worked tirelessly for years, performing various jobs to make ends meet. Despite the hardships, they remained steadfast in pursuing their dream. From being a housekeeper, a food vendor, and a habal-habal (motorcycle taxi) driver to eventually owning a sand and gravel business, Ronelito and Jovelyn Talorete’s entrepreneurial spirit and determination drove them to seek financial support to bring their vision to life.

“We were struggling to make ends meet. No one wants to lend us money,” shared Ronelito. A microfinance institution provided them with the financial assistance they needed to start their business after they noticed its potential.

The couple secured a small loan with CARD, Inc. (A Microfinance NGO) to purchase the materials necessary to start their business. With their commitment and hard work, their business has grown from a small operation to employing several workers, allowing them to provide for their family and even help their relatives and siblings with their education.

“CARD, Inc. has been instrumental in our success,” said Jovelyn. “They have bridged us with financial resources, especially for our needs in building a successful business.”

Ronelito and Jovelyn’s story, emphasizing the importance of perseverance and financial planning, can inspire aspiring entrepreneurs everywhere.

Said Mrs. Jovelyn in her advice to business starters, “Exert effort even if you’re starting from a small capital; as long as it continues and manages well, the business will be successful.”

Ronelito added, “What you started, keep it going.”

The Talorete success story is a testament to the power of hard work, access to financial resources, and the unwavering support of organizations like CARD, Inc., which remains committed to empowering socially and economically challenged women and families through continuous access to financial microinsurance, education and livelihood, health, and other capacity-building services.

“With the right support, dreams can become reality.” Ronelito Concluded.

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