Funded

Total loan: $375
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Lorena

Philippines
Silang, Cavite, Philippines / General Store

A loan of $375 helped to pay for grocery items and products needed in her business.


Lorena's story

This is Lorena. She previously accessed a 10,000 PHP (Philippines pesos) loan that she used to purchase more quantities and varieties of grocery items and products needed in her business. Her earnings were a big help in her personal, household and business expenditures.

She would like to apply for a new 15,000 PHP loan to buy groceries, toiletries, beverages and other products to add in her current inventory. The more items displayed at the store, the better. More items to sell will result in better profit. Her profits from business will definitely help her to sustain her daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Lorena hopes to grow her business in the coming years and dreams to give her family 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 this is 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:

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