Funded

Total loan: $700
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A loan of $700 helped to pay for raw ingredients she needs in her business.


Yolanda's story

This is Yolanda, a 47-year-old mother and resident of Manila, Philippines. She is married to Edward, a laborer. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Yolanda operates a food stall. In the Philippines, the whole working community and most of the families only eat home-cooked meals in the evening, when all of the family members are at home to partake of the meal. This is not only a usual family tradition but a matter of convenience and frugal living. It is considered a waste of money and time to spend cooking gas and food on one or two people, when buying prepared rice and viands costs less than raw food. Her regular customers are her neighbors and the local community. She earns a minimum of 1,000 Philippine pesos (PHP) in sales every day.

To help her continue operation of her business, she is requesting a 30,000-PHP loan. She will be utilizing the loan to buy more products like meat, rice, vegetables, condiments, and seasonings. She expects a boost in her income as she expands her business.

Yolanda dreams of being able to give all her children a high-quality education through all her hard work on her business. She faithfully meets up with her fellowship co-members to share stories of her work every week and draw strength and inspiration from the Word of God she studies.

* 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 microfinance loans.



Loan details

Loan length:

7 months
Disbursed date: July 5, 2011
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: July 5, 2011
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International