Funded

Total loan: $300
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Elsa

Philippines
Silang, Cavite, Philippines / General Store

A loan of $300 helped to pay for grocery items, toiletries and beverages needed in her business.


Elsa's story

This is Elsa. She previously accessed a 10,000 PHP loan that she used to purchase more quantities and varieties of grocery items, toiletries and beverages needed in her business. Her earnings were a big help in her personal, household and business expenditures.

She would like to apply for another loan, this time for 12,000 PHP, to buy groceries, toiletries, beverages and other products to add to her current inventory. The more items displayed at the store, the better. More items to sell will result in better profit. Her profits from the business will definitely help her to sustain her daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Elsa hopes to grow her business and dreams of having a good life through all her hard work on her business. She faithfully meets up with her co-fellowship* members to share stories of her work every week and to 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: November 28, 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 28, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International