Funded

Total loan: $475
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Mercedez

Philippines
Dasmarinas, Cavite, Philippines / Motorcycle Transport

A loan of $475 helped to pay for spare parts and maintenance of her tricycle unit.


Mercedez's story

This is Mercedez. She previously took out a loan of 20,000 PHP that she used to pay for spare parts, accessories maintenance necessary for her tricycle unit. Her earnings were a big help for both the education of her children and her family’s personal household and business expenditures.

She would like to apply for another loan of 19,000 PHP loan in order to buy spare parts and pay for the maintenance of her tricycle unit. The expected profits from her business will definitely help her to sustain her family’s daily needs as well as to cover the educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.

Mercedez dreams of providing her children a high-quality education enabled by all her hard work on her business. She faithfully meets up her co-fellowship members to share stories of her work every week and draw strength and inspiration from the Word of God she studies.

* All CCT community partners and/or 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:

6 months
Disbursed date: October 15, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: October 15, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International