Funded

Total loan: $700
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Janet


A loan of $700 helped to pay for grocery items and products needed in her business.


Janet's story

This is Janet, 39, a resident of Manila, Philippines. Her husband is Rolando, a welder. Janet is a mother to her three children. She, together with her husband, manages the household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Janet 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 located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 1000 Philippine Pesos (PHP) in sales every day.

To help her continue operations of her business, she is requesting a PHP 30,000 loan. She will be utilizing the loan to buy groceries, toiletries and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.

Janet hopes to be able to expand soon, just as she dreams to be able to give her family a good future through all her hard work on 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 repay Micro Finance loans.



Loan details

Loan length:

7 months
Disbursed date: March 7, 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: March 7, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International