Funded

Total loan: $300
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Merlinda

Philippines
Bacoor, Cavite, Philippines / Fruits & Vegetables

A loan of $300 helped to buy fruit to sell.


Merlinda's story

This is Merlinda, 54, a resident of Cavite, Philippines. She is a widow and the mother of five children. Together with her children, she manages a household while operating a business. Merlinda works hard to continually provide income for her family's everyday expenses.

Merlinda operates a fruit stand and buys seasonal fruits that are native to the Philippines, such as bananas, which are grown mostly in the southern region of Luzon. Merlinda also sells other Filipino fruit staples and she operates a variety store to provide additional income. Her regular customers are her neighbors and the local community and she earns a minimum of 500 PHP in sales every day.

Merlinda is requesting a 12,000 PHP loan to buy more quantities of fruit to expand her product inventory. She expects a boost in her business income as she expands her business. Merlinda faithfully meets up weekly with her co-fellowship members to share stories of her work and draw strength and inspiration from studying the Word of God.

* 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 that gather weekly to study the Word of God, build social capital, and repay microfinance loans.



Loan details

Loan length:

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