Funded

Total loan: $725
Powered by 28 lenders

Rosita

Philippines
Pasay City, Philippines / Transportation

A loan of $725 helped to pay for the maintenance of her sidecar, room rentals and additional stocks of vegetables.


Rosita's story

This is Rosita, fifty-eight, a resident of Pasay City, Philippines. She is married to Domingo, a driver, and is a mother to their child. By the grace of God, Mary Ann has managed to support her child's schooling. At this time, she is working hard to continually provide income for their everyday expenses

Rosita oversees operations of their Side Car transportation business. They have one unit of side car or bicycle cart that carries up to two passengers to their destination within the community, all of which are paying boundary (daily quota) each day. Rosita’s husband also drives one of the side cars when he has free time. She also sells vegetables products and has a bed space rental in her house for additional income. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 1,000 every day.

To help her continue operations of her business, she is requesting a PHP 30,000 loan. She will use the loan for the maintenance of her side car and also to buy additional stocks of vegetables to sell and to renovate the room that she rents. She expects a boost in her business income as she expands her business. Rosita dreams to be able to buy another side car soon and for her house to be renovated. She also dreams that her child will finish his education. 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:

7 months
Disbursed date: June 6, 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: June 6, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International