Funded

Total loan: $475
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A loan of $475 helped to pay for additional stocks of supplies and products needed in her motorcycle oil business.


Basilisa's story

This is Basilisa, fifty-three, a resident of Quezon City, Philippines. She is married to Jesus, her business partner, and is the mother of four children. She, together with her husband and children, manage their own household while operating the business.

Basilisa operates a motorcycle oil distribution business. There is more need, now than before, for services like these as customers’ demand increases. She makes profit by getting supplies at wholesale prices and selling by the piece. Her products are motor oil and products of the like. Her regular customers are her neighbours and the local community. She earns a minimum of 1,000 Philippine Pesos (PHP) in sales every day.

To help her continue operating her business, she is requesting a PHP 20,000 loan. She will use the loan to buy additional stocks of supplies and products needed for her business. She expects a boost in her business income as she expands her business.

Basilisa dreams of being able to give her family a good future through all her hard work in her business. 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 pay Micro Finance loans.



Loan details

Loan length:

5 months
Disbursed date: February 13, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: February 13, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International