Funded

Total loan: $300
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Narcisa

Philippines
Silang, Cavite, Philippines / Personal Products Sales

A loan of $300 helped buy products to resell.


Narcisa's story

This is Narcisa, 60, a resident of Silang, Cavite, Philippines. She is a widow and a mother to her children. She, together with her children, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Narcisa maintains a direct selling business. She sells clothing, footwear, undergarments, cosmetics and other products through the popular direct selling brands like Avon, Fullerlife, Natasha, Boardwalk, Marikina Shoe Exchange, and other direct selling brands. A customers order is bought in cash by the dealer and then given to the customer with a one-month-to-pay credit. Dealer’s prices are lower than those in the catalogue, and these are the profits that dealers are investing on as their income. Narcisa's regular customers are her neighbors and the local community. She earns a minimum of PHP 5000 in sales every week.

To help her continue the operations of her business, Narcisa is requesting a PHP 12,000 loan. She will be utilizing the loan to buy orders for her customers. She expects a boost in her business income as she expands her business.

Narcisa dreams to be able to give her three children a good and high quality education 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. * 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:

8 months
Disbursed date: March 12, 2012
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: March 12, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International