Maria Teresa Layron of Malolos, Bulacan, is a testament to the power of hard work, resilience, and a positive mindset in the pursuit of success. Through her unwavering determination, she has built a thriving beauty salon business that serves as an inspiration to aspiring entrepreneurs and dream-chasers everywhere, no matter the hurdles life presents.
A Humble Beginning
Maria’s entrepreneurial journey began in the comfort of her own home in Cofradia, Malolos, where she started by offering basic beauty services. Fueled by passion and the desire to improve, Maria enrolled in a TESDA-accredited beauty cosmetology course. This education enabled her to expand her offerings, adding services like manicures and pedicures to her repertoire.
In 2006, Maria took a significant step toward growing her business by becoming one of the pioneering clients of CARD, Inc., a microfinance NGO. She initially took out small loans ranging from PHP 1,500 to PHP 4,000, which helped support her business and meet the financial needs of her family. Over time, as her business grew, her financial needs expanded as well. She was transferred to CARD MRI Rizal Bank, Inc., a microfinance-focused rural bank, where she was able to secure larger loans, reaching up to PHP 200,000. These financial resources played a crucial role in helping her expand her business and improve her home.
Maria shares, “As a client, I always make sure my loans are used efficiently, especially in running my business.”
Overcoming Obstacles
Like many entrepreneurs, Maria faced her share of challenges. She openly acknowledges the struggles that business owners often experience, such as the so-called “ghost months,” where sales and customer visits tend to dip. Despite these challenges, Maria has always maintained a positive outlook, choosing to focus on the opportunities rather than the setbacks.
The growth and stability of her business eventually allowed Maria to dedicate herself to the salon full-time. Reflecting on her journey, she says, “Despite life’s challenges, I stood tall and remained strong, ensuring that I could provide for my family.” Her resilience has been key to navigating difficult periods and finding new ways to keep her business thriving.
Maria also emphasizes the importance of understanding the ins and outs of your business, especially when managing a team. “Resilience and dedication are crucial, but it’s equally important to have a deep understanding of your business. This allows you to manage effectively, even when your staff isn’t available,” she advises.
A Lifeline Partnership with CARD MRI Rizal Bank
Maria’s partnership with CARD MRI Rizal Bank has been more than just a financial arrangement—it has been a source of ongoing motivation and support throughout her entrepreneurial journey.
“CARD RBI has not only provided financial assistance, but it has also been a constant source of inspiration. It keeps me motivated to keep dreaming and pushing toward a better life while successfully managing my business,” she explains.
The bank’s financial tools and guidance have empowered Maria to manage and expand her business. But most importantly, the support and encouragement she has received from the institution have been pivotal in helping her stay focused on her long-term goals.
Words of Wisdom for Aspiring Entrepreneurs
Maria’s journey serves as a powerful reminder that entrepreneurship is about more than just capital. It requires resilience, dedication, and a strong will to overcome obstacles.
“Business isn’t always about profit. There will be ups and downs, but a positive mindset and determination are key to achieving success,” she says.
Today, Maria’s salon, Mystica Beauty Studio and Barbershop, provides a stable livelihood for her family. The salon, which caters to both men and women, offers a wide range of services, including haircuts, hair treatments, coloring, manicures, pedicures, and more.
Maria’s story is one of persistence, growth, and an unwavering belief in the possibility of success. Her journey is proof that with determination, resilience, and a positive mindset, any dream can be realized.
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