Funded

Total loan: $300
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Virginia

Philippines
Intramuros, Manila City, Philippines / Fruits & Vegetables

A loan of $300 helped to pay for additional stock of vegetables needed in her business.


Virginia's story

This is Virginia, 54, resident of Manila, Philippines. She is married to Roger, a construction worker, and is a mother to her five children. She, together with her husband, manages their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Virginia is a vegetable vendor. She buys different kinds of vegetables at wholesale prices and sells them by the kilo. There are many patrons who prefer her products since they are assured of their freshness and cleanliness. Her store is located in a wet market (fresh food market commonly found in Asian countries). Her regular customers are her neighbors and the local community. She earns a minimum of Php600 in sales every day.

To help her continue operations of her business, she is requesting a Php 12,000 loan. She will be utilizing the loan to buy more vegetables to be sold every day. She expects a boost in her business income as she expands her business.

Virginia dreams to expand her business and to be able to give all her children a high quality education through all her hard work in her business. 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:

6 months
Disbursed date: June 20, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: June 20, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International