Funded

Total loan: $1,175
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Linda

Philippines
GMA, Cavite, Philippines / Manufacturing

A loan of $1,175 helped to pay for supplies and materials needed in her business.


Linda's story

This is Linda, 51, a resident of GMA, Cavite City, Philippines. She is married to Rolando, a cook, and has children. Together with her husband and children, Linda manages their own household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Linda operates a coin bank manufacturing business. She buys raw materials used in coin bank production and processes it into colorful coin banks. Her finished products are distributed to markets, general stores and other places where she has contacts for her products. She earns a small margin for every coin bank that she delivers. Aside from this, she also operates an internet shop for additional income. She earns a minimum of 1500 PHP in profit every day.

To help her continue operation of her business, she is requesting a 50,000 PHP loan. She will be utilizing the loan to buy raw materials needed in coin bank production and other supplies for her business. She expects a boost in her business income as she expands her business.

Linda dreams of being able to give her all her children a good, high quality education through all her hard work on her business, and she also hopes to tap more customers in the future. She faithfully meets up with her fellowship co-members to share stories of her work every week, and also draws 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: February 2, 2012
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: February 2, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International