Funded

Total loan: $250
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A loan of $250 helped to pay for grocery items and products needed in her business.


Yolanda's story

This is Yolanda, 56, resident of Payatas, Philippines. Yoland is single and manages her own household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses. Yolanda operates a variety store. In the Philippines, a variety store is basically a small convenience store that sells groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a 5 PHP-worth of cooking oil, or an egg. She earns by getting supplies at wholesale prices and selling by the piece. Aside from this, Yolanda also sells direct-selling products to her customer. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 300 PHP in sales every day.

To help her continue the operations of her business, Yolanda is requesting a loan of 10,000 PHP. She will be utilizing the loan to buy groceries, toiletries, and beverages to expand her product inventory. She expects a boost in income as she expands her business.

Yolanda hopes to be able to expand soon and dreams of opening a restaurant someday. She faithfully meets with her co-fellowship* members to share stories of her work every week. She also draws 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 repay Micro Finance loans.



Loan details

Loan length:

5 months
Disbursed date: July 13, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: July 13, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International