Funded

Total loan: $500
Powered by 18 lenders

Lucena

Philippines
GMA, Cavite, Philippines / Agriculture

A loan of $500 helped to pay for farm inputs and for spare parts and maintenance of her "tricycle".


Lucena's story

This is Lucena, 53, a resident of GMA, Cavite City, Philippines. She is married to Manolito, a "tricycle" driver, and mother to their two children. By the grace of God, Lucena has managed to support her children's schooling. At this time, she is working hard to continually provide income for their everyday expenses.

Lucena has a ginseng farm in Cavite were she grows and sells ginseng products. She also have one "tricycle" unit that carries up to four passengers to their destination within the community. Her regular customers in her business are neighbors and the local community. Lucena earns a minimum of Php800 in sales every day.

To help her continue operations of her business, she is requesting a Php 20,000 loan. She will be utilizing the loan for farm inputs like fertilizer and also for the maintenance of their tricycle. She expects a boost in her business income as she expands her business.

Lucena dreams of being able to have a wide market for her products. She faithfully meets up with her co-fellowship members to share stories of her work every week and also 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 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