Funded

Total loan: $250
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Shiela


A loan of $250 helped To pay for grocery items, toiletries and beverages needed in her business.


Shiela's story

This is Shiela, 33, resident of Batasan, Philippines. She is married to Jonathan and a mother to her children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Shiela 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 everyday.

To help her continue operations of her business, she is requesting a PHP 10,000 loan. She will be utilizing 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.

Shiela hopes to expand her business and dreams of giving her children a good and 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 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 Micro Finance loans.



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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