Funded

Total loan: $500
Powered by 11 lenders

Novelyn

Philippines
Bacoor, Cavite, Philippines / Transportation

A loan of $500 helped to pay for the spare parts and maintenance of their Tricycle unit.


Novelyn's story

This is Novelyn, 42, resident of Bacoor, Cavite Philippines. She is married to Randy and a mother to their children. She and her husband manage their own household. At this time, she is working hard to continually provide income for her everyday expenses.

Novelyn oversees, owns and operates their Tricycle transportation business. They have one Tricycle that carries up to four passengers to their destination within the community. The tricycle driver then remits a boundary (daily quota) each day to her. In her business the regular customers are the local community. She earns a minimum of Php 500 every day.

To help her continue operations of her business, she is requesting a Php 20,000 loan. She will be utilizing the loan to buy spare parts, accessories and also for the maintenance of their motorcycle. She expects a boost in her business income as she expands her business.

Novelyn hopes to have new Tricycles and dreams that her family will settle quietly and peacefully. She meets up with her co-fellowship members to share stories of her work every week and 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 pay Micro Finance loans.



Loan details

Loan length:

7 months
Disbursed date: March 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:

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