A loan of $250 helped to pay for recyclable materials from collectors.


Karen's story

This is Karen, 30, a resident of Payatas, Philippines. She is married to Stephen, a driver and is a mother to her children. Together with her husband, she manages their household while operating a business. At this time, she is working hard to continually provide income for their everyday expenses.

Karen operates a junk shop. Trash is not actively segregated in the Philippines, and while waiting for their local dump trucks, people scavenge garbage dumps and trash bags for recyclable materials like metal, copper, plastic, paper and other materials. They sell these to junk shops for a little profit. Junk shops then stack, clean, and gather huge quantities of these materials and sell them back to foundries like factories and others of the like. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 1,000 in sales every day.

To help her continue operations of her business, she is requesting a PHP 10,000 loan. She will be incorporating the loan into her current revolving fund used to buy recyclable materials from collectors. She expects a boost in her business income as she expands her business.

Karen hopes to expand her business and dreams of becoming rich. She faithfully meets up with her co-fellowship members to share stories of her life and business every week and where she can also draw strength and inspiration from the fellowship and 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 pay Micro Finance loans.



Loan details

Loan length:

6 months
Disbursed date: December 17, 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: December 17, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International