Funded

Total loan: $400
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Riza

Philippines
Dasmarinas, Cavite, Philippines / Personal Products Sales

A loan of $400 helped additional capital for buying and reselling personal products and office supplies.


Riza's story

Riza R., 41, was born on February 14, 1968. She is married to Antonio R. and both are blessed with two children. Born in the province of Masbate, a province just South of Manilas, he now lives in Dasmarinas, Cavite together with her family.

Riza has been a regular member of the Center for Community Transformation* (CCT) for more than two years now. She regularly attends their weekly fellowship meetings and pays her weekly dues consistently. Because of her good repayment performance with her previous loans, she was able to borrow seven times in the CCT’s Cooperative. The reason why she was consistent in paying her loans was because she used all most all the money she loaned to buy and sell various personal products and office supplies to her clients.

Now with your help, she would like to apply for a PHP 18,000 loan. This amount will be mostly used as a source of added capital to her expanding business by buying additional stock and as payment for the monthly amortization of their motorized tricycle.

She dreams that her business will continue to grow so that when the time comes, they will have the resources to send their children to college.

* 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.



Loan details

Loan length:

8 months
Disbursed date: November 26, 2009
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 26, 2009
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International