Funded

Total loan: $1,225
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Joreta

Philippines
Intramuros, Manila City, Philippines / Personal Products Sales

A loan of $1,225 helped to pay for additional supplies and merchandise products like clothing, footwear, undergarments, and cosmetics needed in her business.


Joreta's story

This is Joreta. She previously accessed a 20,000 PHP loan that she used to purchase merchandise items and products needed in her business. Her earnings were a big help for her children’s education and in their personal, household and business expenditures.

She would now like to apply for a 50,000 PHP loan to buy more merchandise items and products to increase her product inventory. The more items she has on display and available on hand, the better. More items to sell will result in better profit. Her profits from business will definitely help her to sustain her children’s education and cover their daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Joreta hopes to expand her business and dreams of having their own house. She meets up with her co-fellowship* members to share stories of her life and business every week and 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 repay Micro Finance loans.



Loan details

Loan length:

6 months
Disbursed date: April 25, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: April 25, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International