Funded

Total loan: $725
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Rosana

Philippines
Silang, Cavite, Philippines / Transportation

A loan of $725 helped to pay for spare parts and the maintenance of their jeepney.


Rosana's story

This is Rosana, 46, resident of Silang, Cavite, Philippines. She is married to Cleto, a driver, and is a mother to her children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Rosana oversees operations of their jeepney* transportation business. She has one, 14-16 person capacity, jeepney for which she is paid boundary (daily quota) each day. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 1000 every day.

To help her continue operations of her business, she is requesting a PHP 30,000 loan. She will be utilizing the loan to to buy spare parts and for the maintenance of her jeepney unit. She expects a boost in her business income as she expands her business.

Rosana dreams to have another jeepney and hopes to give her children a good quality education. She faithfully meets up with her co-fellowship** members to share stories of her work every week and where she also draws strength and inspiration from the Word of God she studies.

*Curiously, Jeepneys have purely American origins. They were first used by American soldiers in helping the Philippines throw off the invading Japanese. Filipino ingenuity, however, managed to see this vehicle as an opportunity to earn and modified the Jeep into a 20-seater jeepney: open enough to provide adequate ventilation, sturdy for every day travel, and cheap enough to buy and maintain. Now, the jeepneys are one of the things that makes the Philippines truly the Philippines.

** 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 Micro Finance loans.



Loan details

Loan length:

8 months
Disbursed date: September 24, 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: September 24, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International