Funded

Total loan: $250
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Erlinda


A loan of $250 helped buy supplies like spare parts of cars, wirings, putty paint and others of the like.


Erlinda's story

This is Erlinda M., 45, resident of Caloocan City, Philippines. She is married to Mercelito M., a mechanic, and is the mother to a five young adults, all of whom are already working. By the grace of God, Erlinda has managed to support all her children’s educational needs. As of the present time she is working hard to be able to maintain her finances.

Erlinda operates an auto-repair shop. Her husband is the main mechanic while she handles finances, accounts, inventories and promotion. They offer repair, check-up and beautification of all types of cars and jeepneys - any type of vehicle that is referred to them. They also have a little refreshment stand in their auto-repair shop, where they sell beverages to the waiting customers and passing passenger vehicles.

To help her continue operations of her business, she is requesting a Php 10,000 loan. She will be utilizing the loan to buy supplies like spare parts of cars, wirings, putty paint and others of the like. She expects a boost in her business income as she expands her business. Erlinda dreams or being able to have a good and comfortable life through all her hard work on her business. She faithfully meets up with her co-fellowship* members to share stories of her work every week.

* 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:

5 months
Disbursed date: October 7, 2010
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: October 7, 2010
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International