Funded

Total loan: $600
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Elvie

Philippines
Silang, Cavite, Philippines / Motorcycle Transport

A loan of $600 helped to buy spare parts and accessories as well as to pay for maintenance on the motorized tricycle.


Elvie's story

Elvie, age 25, oversees and owns the operations of a motorized tricycle transportation business. Her business partner is her husband Angelito. They have one motorized tricycle that carries up to four passengers to their destination. The tricycle driver then remits a boundary (daily quota) each day to Elvie. Her regular customers are members of the local community. She earns a minimum of PhP 500 every day.

Elvie and Angelito live in Silang, Cavite, with their children. They help each other in managing the household and work hard to continually provide income for the family's everyday expenses.

To help her continue operations of her business, Elvie is requesting a loan in the amount of PhP 24,000. She will be utilizing the loan funds to buy spare parts and accessories as well as to pay for maintenance on the vehicle. She expects a boost in her business income as she expands her business.

Elvie dreams of the expansion of her business and hopes to have a good life. She faithfully meets up with her co-fellowship* members to share stories of her work every week, where she can 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 repay micro-finance loans.



Loan details

Loan length:

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