Funded

Total loan: $1,175
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Alicia


A loan of $1,175 helped to pay for grocery items and products needed in her business.


Alicia's story

This is Alicia, 55, a resident of Quezon City, Philippines. She is married to Alberto, 59, who is self-employed. She is childless but enjoys being a wife and keeping herself busy with her business.

Alicia owns a sari-sari (variety) store. She buys groceries like canned goods, condiments, milk, sugar, and primary commodities that are needed in every household. She earns money by getting supplies at wholesale prices and selling by the piece. She also retails electronic cell phone loads. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 950 PHP in sales every day.

She is requesting a loan amounting to PHP 50,000 that will help to continue her business well. She will be using the loan to buy groceries, toiletries and beverages to expand her product inventory. It will also help her to attract more customers to buy household needs. Her profits from business will definitely help her to meet her daily needs.

Anita dreams that her sari-sari store will turn into a grocery someday. She hopes to improve her family’s future so they can enjoy a comfortable life. She never fails to attend to the fellowship* every week as the teachings and sharing of the word of God continue to strengthen her every day.

* 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:

6 months
Disbursed date: September 20, 2011
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 20, 2011
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International