Funded

Total loan: $250
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Editha

Philippines
Intramuros, Manila City, Philippines / Personal Products Sales

A loan of $250 helped to pay for additional supplies and merchandise products like clothing, footwear, undergarments, and cosmetics needed in her business.


Editha's story

This is Editha, 37, resident of Intramuros, Manila, Philippines. She is married to Alex, a driver, and mother to their children. She and her husband manage their household while operating a business. They are working hard to provide income for their everyday needs.

Editha maintains a direct selling business. She sells clothing, footwear, undergarments, cosmetics and other products through the popular direct selling brands like Avon, Fuller life, Natasha, Boardwalk, Marikina Shoe Exchange, and other direct selling brands. A customer's order is bought in cash by the dealer and then given to the customer with a one-month-to-pay credit. Dealer’s prices are lower than those in the catalogue, and these are the profits that dealers are investing as their income. Her regular customers are her neighbors and the local community. She earns a minimum of 2,000 Philippine pesos (PHP) in sales every week.

To help her continue operations of her business, she is requesting a 10,000 PHP loan. She will be utilizing the loan to buy additional supplies and merchandise products like shampoo, cologne, deodorant, perfume, soap, fabric softener, undergarments and other products needed in her business. She expects a boost in her business income as she expands her business.

Editha dreams that her business will continue to grow 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. This is where she can also draw strength and inspiration from the fellowship and 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:

5 months
Disbursed date: March 20, 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: March 20, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International