Funded

Total loan: $375
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Margarita


A loan of $375 helped to pay for additional stocks of rice needed in her business.


Margarita's story

This is Margarita, She previously accessed a 15,000 PHP loan that she used to buy additional stocks of rice for her business. Her earnings were a big help for the education of her children and in their personal, household and business expenditures.

She would like to apply for another 15,000 PHP loan to buy additional stocks of rice for her business. Her profits from business will definitely help her to sustain her daily needs and cover the educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.

Margarita hopes to have a grocery store someday and she hopes to give her children a high-quality education 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 also draws 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:

6 months
Disbursed date: October 29, 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 29, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International