Funded

Total loan: $1,225
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Jonaly

Philippines
Caloocan City, Philippines / General Store

A loan of $1,225 helped to buy grocery items and products needed in her business.


Jonaly's story

Jonaly, 32, is a resident of Caloocan, Philippines. She is married to Alexander and a mother to her children. She and her husband manage their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Jonaly 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 amount 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 50,000 loan. She will use 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.

Jonaly hopes to give her children a quality education and dreams to expand her business through all her hard work in her business. She faithfully meets up with her co-fellowship* members to share stories of her work every week and to 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:

5 months
Disbursed date: October 2, 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 2, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International