Funded

Total loan: $750
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Helen

Philippines
Silang, Cavite, Philippines / General Store

A loan of $750 helped to pay for grocery items, toiletries, and beverages.


Helen's story

This is Helen, 44, a resident of Silang, Cavite, Philippines. She is married to Gregorio, a mechanic, and she is a mother to their children. She and her husband manage their household while operating their business. She is working hard to continually provide income for her family's everyday expenses.

Helen operates a variety store that sells inexpensive items, often with a single price for all items in the store. It is the place to go to buy one sachet of shampoo, 5 PHP-worth of cooking oil, or an egg. She earns a profit by purchasing supplies at wholesale prices and selling them individually. Her regular customers are her neighbors and others in the community. She earns a minimum of 500 PHP in sales every day.

She is requesting a 30,000 PHP loan to help her continue to operate her business. She will use the loan to buy groceries, toiletries, and beverages to expand her product inventory.

Helen dreams of seeing all of her children successful in their careers, and she also hopes to expand her business. Every week, she faithfully meets up with her co-fellowship* members to share stories about her life and her business and to draw strength and inspiration from studying the Word of God.

*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:

7 months
Disbursed date: January 9, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: January 9, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International