Funded

Total loan: $250
Powered by 8 lenders

Ma. Edna

Philippines
Caloocan City, Philippines / General Store

A loan of $250 helped to buy more items to sell in her grocery store.


Ma. Edna's story

Ma. Edna is 46 years old and lives in Caloocan, the Philippines. She is married, the mother of several children and works hard to pay for her family's everyday expenses. She earns a living by running a variety (or sari-sari) store where she sells groceries, toiletries and beverages piecemeal to people who live in her neighborhood. She buys from wholesalers, sells on a retail basis and brings in about PHP 600 in sales every day. She is requesting a loan for PHP 10,000 to buy more items to sell to her customers. She expects a boost in her income as she expands her business. Her goal is to expand her store so that she can give her children a good, high-quality education. She faithfully meets up with her co-fellowship* members to share stories of her work every week and draw strength and inspiration from her religion.

*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 who gather weekly to study religion, build social capital, and repay microfinance loans.



Loan details

Loan length:

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