Funded

Total loan: $1,225
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Letecia

Philippines
Caloocan City, Philippines / General Store

A loan of $1,225 helped to purchase grocery items, toiletries, and beverages.


Letecia's story

Letecia's previous loan was a big help to her business. She was able to buy all the needed grocery items for her variety store, which she has run for 15 years. The loan also helped with her everyday expenses. She and her husband are working hard for their family's future. They also have a motorcycle for rental for additional income.

Letecia is requesting another loan for 50,000 PHP, which she will use 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 profits, which will help her to sustain her daily needs. .

Letecia hopes that they her whole family including her grandchildren will have a better future. She meets with her co-fellowship* members to share stories of her life and business every week and draw strength and inspiration from God.

* 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 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