Funded

Total loan: $350
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Salve


A loan of $350 helped to pay for materials like fabric, nails, foam and other materials needed in her business.


Salve's story

This is Salve, 38, a resident of Silang, Cavite, Philippines. She is married to Silverio, her business partner, and is a mother to her children. She and her husband manage their household while operating the business. At this time, she and her husband are working hard provide income for their everyday needs.

Salve operates an upholstery business. She earns a minimum of 30,000 PHP (Philippines pesos) in profit monthly. Her customers are her neighbors, the people in the community and the passersby from other communities.

To help her continue operations of her business, she is requesting a 14,000 PHP loan. She will be utilizing the loan to buy materials like fabric, nails, foam and other materials needed in her business.

Salve dreams to have another branch and hopes to give her children a good life and education. She meets up with her co-fellowship members to share stories of her life and business every week, where she finds 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:

7 months
Disbursed date: April 8, 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: April 8, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International