Funded

Total loan: $200
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Mary Jean


A loan of $200 helped to pay for additional inventory (e.g., cloth, threads, needles, and other products) needed in the rug-making industry.


Mary Jean's story

This is Mary Jean, 36, resident of Malibay, Pasay, Philippines. She is married to Fernando, a factory worker and a mother to her children. She and her husband manage their household while operating the business. They both work hard to provide a good future for their whole family.

Mary Jean operates a manufacturing business. What she basically does is buy garments from textile factory, makes rugs and door mats out of them and sell them with a little profit. Customers are attracted to buy due to the low selling prices and the many options she offers. Her regular customers are housewives and jeepney drivers. She earns a minimum of 500 Philippine Pesos (PHP) in sales every day.

To help her continue operations of her business, she is requesting a Php 8,000 loan. She will be utilizing the loan to buy more cloth, threads, needles, and other products needed in making rugs and door mats. She expects a boost in her business income as she expands her business.

Mary Jean hopes to be able to expand her business in the coming years and provide a good future to her family. She meets up with her co-fellowship* members to share stories of her life and business 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 repay Micro Finance loans.



Loan details

Loan length:

5 months
Disbursed date: April 2, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: April 2, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International