Funded

Total loan: $250
Powered by 8 lenders

Richard

Philippines
Dasmarinas, Cavite, Philippines / Water Distribution

A loan of $250 helped to upgrade his facilities and buy more stocks of mineral water needed in his business.


Richard's story

This is Richard, who previously accessed a 20,000 PHP loan to purchase additional stocks of mineral water and LPG tanks needed in his business. His resulting increased earnings have been a big help in the education of his children and in the family's personal, household and business expenditures.

Richard is requesting a new loan of 10,000 PHP to pay for additional stocks of mineral water and LPG tanks needed in his business. More items to sell will result in better profit which will definitely help him to sustain the family's daily needs and his children's educational expenses. He looks forward to this financial increase with gladness and thankfulness in his heart.

Richard dreams of growing his business in the coming years. He faithfully meets up with his co-fellowship members to share stories of his work every week and draw strength and inspiration from the Word of God he 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 pay Micro Finance loans.



Loan details

Loan length:

6 months
Disbursed date: October 19, 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 19, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International