Funded

Total loan: $325
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Esperanza


A loan of $325 helped to buy more fish to sell.


Esperanza's story

This is Esperanza, 42, and a resident of Bacoor, Cavite, Philippines. She is married to Noel, her business partner, and she is the mother of six children. Together with her husband, she operates the business, while managing their household. At this time, she is working hard to continually provide income for their everyday expenses.

Esperanza is a fish vendor. He buys different kinds of fish at wholesale prices and sells them by the kilo. She buys fish at the local fish port early in the morning. There are many patrons who prefer her products since they are assured of its freshness and cleanliness. Her store is located in a temporary fish market. Her regular customers are her neighbors and the local community. She earns a minimum of 1,000 PHP in sales every day.

To help her continue operations of her business, she is requesting a 13,000 PHP loan. She will be utilizing the loan to buy more fish to be sold every day. She expects a boost in her business income as she expands her business.

Esperanza hopes that her business will grow even more and dreams to give her children a good education and a good future. She faithfully meets up with her co-fellowship members to share stories of her life and business every week and where she can also draws 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 Micro Finance loans.



Loan details

Loan length:

5 months
Disbursed date: February 5, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: February 5, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International