Funded

Total loan: $275
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Natividad

Philippines
GMA, Cavite, Philippines / General Store

A loan of $275 helped to pay for grocery items and other products needed in her business.


Natividad's story

This is Natividad, 48, resident of GMA, Cavite City, Philippines. She is married to Fidel, and the mother to their two children. She, together with her husband, manages their own household while operating a business. At this time, she is working hard to continually provide income for their everyday expenses.

Natividad operates a variety store. In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a Php5-worth of cooking oil, or an egg. Natividad makes a profit by getting supplies at wholesale prices and by selling them individually. Her store is located adjacent to her house and her regular customers are her neighbors and the local community. Natividad earns a minimum of Php 1500 in sales every day.

To help her continue operating her business, she is requesting a Php 11,000 loan. She will be utilizing the loan to buy groceries, toiletries and beverages to expand her product inventory. She expects a boost in her business income as she expands her business. Natividad hopes to be able to expand soon. She faithfully meets up with her co-fellowship* members to share stories of her work every week and the fellowship group is also a place where she can draw strength and inspiration from the Word of God through her 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 to study the Word of God, build social capital, and repay Micro Finance loans.



Loan details

Loan length:

8 months
Disbursed date: July 13, 2011
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: July 13, 2011
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International