Funded

Total loan: $725
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Ursula

Philippines
Caloocan City, Philippines / Personal Products Sales

A loan of $725 helped to pay for merchandise and products needed in her business.


Ursula's story

This is Ursula, She previously accessed an 29,000 PHP loan that she used to purchase merchandise items and products needed in her business. Her earnings were a big help for the education of her children and in their personal, household and business expenditures.

She would like to apply for a 30,000 PHP loan to buy more merchandise items and products to increase her product inventory. The more items she has on display and available on hand, the better. More items to sell will result in better profit. Her profits from business will definitely help her to sustain her daily needs and pay the educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.

Ursula hopes to grow her business in the coming years. She faithfully meets with her co-fellowship members to share stories of her work every week and to 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 microfinance loans.



Loan details

Loan length:

6 months
Disbursed date: July 25, 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: July 25, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International