Funded

Total loan: $1,175
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Sarah

Philippines
GMA, Cavite, Philippines / Manufacturing

A loan of $1,175 helped to pay for raw materials needed in her candle making business.


Sarah's story

This is Sarah, 39, resident of GMA City, Philippines. She is married to Beldeza, a maintenance worker, and is a mother to three children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses. Sarah operates a candle making business. She buys raw materials used in candle making and processes it to candle sticks. Her finished products are distributed to markets, general stores and other places where she has contacts for her products, where she earns a small margin for every candle that she delivers. Aside from her candle making business, she also operates a small store where people can buy basic school supplies. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 500 in profit 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 raw materials needed in candle making and other supplies for her business. She expects a boost in her business income as she expands her business.

Sarah dreams to be able to give all her children a good and high quality education through all her hard work in her business, and she also hopes to obtain more customers in the future. She faithfully meets up with her co-fellowship members to share stories of her work every week, 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 microfinance loans.



Loan details

Loan length:

8 months
Disbursed date: April 11, 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: April 11, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International