Funded

Total loan: $500
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Jasmine

Philippines
Tanza, Cavite, Philippines / General Store

A loan of $500 helped to buy groceries, toiletries and beverages to expand her product inventory.


Jasmine's story

This is Jasmine, 40, resident of Tanza, Cavite, Philippines. She is a mother to one child. She manages their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Jasmine operates a variety store. In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a Php5-worth of cooking oil, or an egg. She earns by getting supplies at wholesale prices and selling by the piece. Her regular customers are her neighbors and the local community. She earns a minimum of Php500 in sales every day.

To help her continue operations of her business, she is requesting a Php20,000 loan. She will be utilizing the loan to buy groceries, toiletries and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.

Jasmine hopes to grow her business and dreams to give her child a good future through all her hard work on 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 repay Micro Finance loans.



Loan details

Loan length:

6 months
Disbursed date: August 22, 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: August 22, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International