Funded

Total loan: $550
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Tessie


A loan of $550 helped to pay for grocery items, toiletries, and beverages, needed in her business.


Tessie's story

This is Tessie. Her previous loan was a big help in her business. She was able to buy more products for her variety store, thus generating more income. She has been in this business for four years now. As a widow, she works hard to provide income for her everyday needs.

She would like to apply for another PHP 22,000 loan to buy groceries, toiletries, beverages, and other products to add to her current inventory. The more items displayed at the store, the better. More items to sell will result in better profit. Her profits from her business will definitely help her to sustain her daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Tessie dreams to expand her business and have more businesses. Every week, she meets up with her co-fellowship* members to share stories of her life and business and also draw strength and inspiration from the Word of God she studies.

* All Center for Community Transformation Credit Cooperative (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 microfinance loans.



Loan details

Loan length:

7 months
Disbursed date: March 14, 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: March 14, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International