Funded

Total loan: $225
Powered by 7 lenders

Ruba

Philippines
Pasay City, Philippines / Personal Products Sales

A loan of $225 helped to buy additional supplies and merchandise products like shampoo, cologne, deodorant, perfume, soap, fabric softener and undergarments.


Ruba's story

This is Ruba, 37, a resident of Malibay, Pasay, Philippines. She is married to Pedro, a tricycle driver, and is mother to their children. She and her husband manage their household while operating the business. She works hard to provide income for their everyday expenses.

Ruba maintains a direct selling business. She sells clothing, footwear, undergarments, cosmetics and other products through the popular direct selling brands like Avon, Fuller Life, Natasha, Boardwalk, Marikina Shoe Exchange, and other direct selling brands. A customer's order is bought in cash by the dealer and then given to the customer with a one-month-to-pay credit. Dealer’s prices are lower than those in the catalog, and these are the profits that dealers count on as their income. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 2,000 in sales every week.

To help her continue operations of her business, she is requesting a PHP 9,000 loan. She will be using the loan to buy additional supplies and merchandise products like shampoo, cologne, deodorant, perfume, soap, fabric softener, undergarments and other products needed in her business. She expects a boost in her business income as she expands her business.

Ruba hopes that her business will expand and dreams that all her children will finish their studies. 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 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 microfinance loans.



Loan details

Loan length:

6 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:

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