Funded

Total loan: $350
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Rahiema

Philippines
Taguig City, Philippines / General Store

A loan of $350 helped To pay for grocery items, toiletries and beverages needed in her business.


Rahiema's story

This is Rahiema, 32, a resident of Taguig, Philippines. Single, she lives with her parents and helps them to manage their household while operating the business. At this time, she is working hard to help her parents with their everyday expenses.

Rahiema 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 5 PHP amoun of cooking oil, or an egg. She also sells fish of different kinds and meat. She earns money by obtaining supplies at wholesale prices and selling them by the piece. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP in sales every day.

To help her continue the operations of her business, she is requesting a 14,000 PHP 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.

Rahiema wants to be a successful entrepreneur. She faithfully meets up with her co-fellowship* members to share stories of her work every week and to draw strength and inspiration from the Word of God that 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: 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:

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