Funded

Total loan: $1,150
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Anita

Philippines
Silang, Cavite, Philippines / General Store

A loan of $1,150 helped to pay for grocery items and products needed in her business.


Anita's story

This is Anita, 50, resident of Silang, Cavite City, Philippines. She is married to Fernando, her business partner, and is a mother to their child. She, together with her husband, manages their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses and support her child’s schooling.

Anita 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. She earns by getting supplies at wholesale prices and selling by the piece. Her store is adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 800 Philippine Pesos (PHP) in sales every day.

To help her continue operations of her business, she is requesting a Php 50,000 loan. She will be utilizing the loan to buy groceries, toiletries, beverages, and other products needed in her business. She expects a boost in her business income as she expands her business.

Anita hopes to grow her business in the coming years and dreams to buy a vehicle in the future. She faithfully meets up with her co-fellowship* members to share stories of her work every week and where she can 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: December 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:

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