Funded

Total loan: $350
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Josefa

Philippines
Taguig City, Philippines / Furniture Making

A loan of $350 helped to pay for the materials she needs for making furniture, like bamboo, varnish, nails and tools.


Josefa's story

This is Josefa, 65, a resident of Taguig, Philippines. She is married to Isidro, a businessman, and she is 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.

Josefa operates a furniture-making business. They make different kinds of furniture, like tables, sofas and cabinets, made of bamboo. Customers are sure of the quality of the bamboo set, and it is not too pricey. This product is in demand, especially in provinces. She earns a minimum of 5,000 Philippine Pesos (PHP) in sales, every week.

To help her continue operating her business, she is requesting a PHP 14,000 loan. She will use the loan to buy materials she needs for making furniture, like bamboo, varnish, nails and tools.

Josefa dreams of maintaining the success of their business, and hopes to have a happy family. She meets with her co-fellowship members* every week, to share stories of her life and business and to 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:

7 months
Disbursed date: April 3, 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 3, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International