Funded

Total loan: $275
Powered by 10 lenders

A loan of $275 helped to pay for grocery items, toiletries and beverages needed in her business.


Herminia's story

This is Herminia. She previously accessed a 12,000 PHP loan that she used to purchase more quantities and varieties of grocery items and products needed in her business. Her earnings were a big help for her children’s education, and in their personal, household and business expenditures.

Herminia would like to apply for another loan, this time for 11,000 PHP, to buy groceries, toiletries, beverages and other products to add to her inventory. The more items displayed at the store, the better. More items to sell will result in better profit. Her profits from the business will definitely help sustain her family’s daily needs and the children’s education expenses. She looks forward to this financial increase with gladness and thankfulness in her heart.

Herminia hopes that her business gets bigger and dreams of having a good and happy family. She meets up every week with her *co-fellowship members to share stories of her life and business 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: February 20, 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: February 20, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International