Funded

Total loan: $725
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Alexander

Philippines
Palawan, Philippines / Beauty Salon

A loan of $725 helped to pay for additional stocks of salon supplies and products needed in his business.


Alexander's story

This is Alexander, a 31-year-old resident of Puerto Princesa, Palawan, Philippines. Single, he manages his household while operating the business. At this time, he is working hard to continually provide income for his everyday expenses.

Alexander operates a salon business offering hair styling and hair grooming services. With his salon adjacent to his house, his regular customers are neighbors and the local community. He earns a minimum of 400 Philippine Pesos (PHP) in sales every day.

To help him continue operations of his business, Alexander is requesting a Php 30,000 loan to buy supplies including shampoo and hair treatment creams and oils. He expects a boost in his business income as he expands his business.

Alexander, who hopes to venture into the pastry business, faithfully meets up with his co-fellowship* members to share stories of his work every week and draw strength and inspiration from the Word of God he 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 gathering each week to study the Word of God, build social capital, and repay Micro Finance loans.



Loan details

Loan length:

8 months
Disbursed date: March 29, 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 29, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International