Funded

Total loan: $500
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Fedelina


A loan of $500 helped to buy groceries, toiletries and beverages to expand her product inventory.


Fedelina's story

This is Fedelina, 49, a resident of Dasmariñas, Cavite, Philippines. She is married to Pedro, a carpenter, and is a mother to her children. She, together with her husband, manages her household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Fedelina 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-worth 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 20,000 loan. She will be using 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.

Fedelina hopes to expand her business and dreams to have a good life by the grace of God. She faithfully meets up with her co-fellowship* members to share stories of her work every week and 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:

8 months
Disbursed date: October 30, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 30, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International