Funded

Total loan: $500
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Lucila

Philippines
Silang, Cavite, Philippines / Transportation

A loan of $500 helped to pay for spare parts and maintenance of the jeepney.


Lucila's story

This is Lucila. She previously accessed a 15,000 PHP (Philippines pesos) loan that she used to buy spare parts and accessories and pay for the maintenance of her jeepney unit. Her earnings were a big help in her personal, household and business expenditures. She and her husband are working hard to provide income for their everyday expenses.

She would like to apply for a new 20,000 PHP loan to buy spare parts and pay for the maintenance of their jeepney unit. Her profits from her business will definitely help her to sustain their daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Lucila dreams to have more businesses in the future and hopes to have good health for her family. She faithfully meets up with her co-fellowship** members to share stories of her work every week, and this is where she can also draw strength and inspiration from the Word of God she studies.

* Curiously, jeepneys have purely American origins. They were first used by American soldiers helping the Philippines throw off the invading Japanese. Filipino ingenuity, however, managed to see this vehicle as an opportunity to earn, and modified the Jeep into a 20-seater jeepney, open enough to provide adequate ventilation, sturdy for everyday travel, and cheap enough to buy and maintain. Now, the jeepneys are one of the things that makes the Philippines truly Filipino.

** 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:

8 months
Disbursed date: January 14, 2013
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: January 14, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International