Funded

Total loan: $625
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Perla

Philippines
Silang, Cavite, Philippines / General Store

A loan of $625 helped to pay for grocery items and other products needed in her business.


Perla's story

This is Perla, who previously accessed a 19,000 PHP loan that she used to purchase more quantities and varieties of grocery items and products needed in her business. Her earnings were a big help in her child's education as well as in the family's personal, household and business expenditures.

Perla is requesting another 25,000 PHP loan to buy groceries, toiletries, beverages and other products to add in her inventory. The more items displayed at the store the better. More items to sell will result in better profits, profits that will definitely help to sustain her family’s daily needs and child’s education expenses. She looks forward to this financial increase with gladness and thankfulness in her heart.

Perla hopes to be able to expand soon, just as she hopes to send her child all the way to college. She faithfully meets up with 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 / 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:

8 months
Disbursed date: November 22, 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: November 22, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International