Funded

Total loan: $1,000
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Milagros


A loan of $1,000 helped to buy raw ingredients like rice, pork, chicken, vegetables and other products needed in her business.


Milagros's story

This is Milagros. She previously accessed a 30,000 PHP loan that she used to buy more quantities of products like meats, rice, vegetables, condiments and seasonings. Her earnings were a big help for the education of her children and in their personal, household and business expenditures. She also has a variety store for additional income. She is a widow and she is working hard to provide income for her family.

She would like to apply for another 40,000 PHP loan for her to buy raw ingredients like rice, pork, chicken, vegetables and other products needed in her business. Profits from her business will definitely help to sustain her daily needs and the educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.

Milagros hopes to grow her business and dreams to be able to give her family a good future through all her hard work. She faithfully meets up with her co-fellowship members to share stories of her work every week and to also draw strength and inspiration 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 microfinance loans.



Loan details

Loan length:

8 months
Disbursed date: January 29, 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 29, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International