Funded

Total loan: $250
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Anicia

Philippines
GMA, Cavite, Philippines / General Store

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


Anicia's story

This is Anicia, 46, resident of GMA, Cavite, Philippines. She is single and she manages her own household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Anicia 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 PHP 5-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 PHP 500 in sales every day.

To help her continue operations of her business, she is requesting a PHP 10,000 loan. She will be using 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.

Anicia hopes to grow her business and have a grocery store. 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 microfinance loans.



Loan details

Loan length:

8 months
Disbursed date: August 30, 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: August 30, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International