Funded

Total loan: $1,250
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Susana

Philippines
Taguig City, Philippines / Recycled Materials

A loan of $1,250 helped to buy recyclable materials for resale.


Susana's story

Susana is a 40-year-old mother and resident of Taguig, Philippines. She is married to Joemer, an engineer. She and her husband manage their household while operating a business. At this time, she is working hard to provide income for their everyday expenses.

Susana operates a junk shop. Trash is not actively segregated in the Philippines. 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 small profit. Junk shops then stack, clean, and gather large quantities of these materials and sell them back to foundries such as factories. Her regular customers are her neighbors and the local community. She earns a minimum of 1000 PHP in sales every day.

To help her continue the operation of her business, she is requesting a loan in the amount of 50,000 PHP. She will be incorporating this loan with her existing revolving fund that is used to buy recyclable materials from collectors. She expects a boost in her business income as she expands her business and she dreams of becoming a successful businesswoman. She faithfully meets with her co-fellowship members every week to share stories of her life and business. She also draws strength and inspiration from their fellowship and 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, to build social capital, to and pay microfinance loans.



Loan details

Loan length:

8 months
Disbursed date: December 20, 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: December 20, 2012
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International