Funded

Total loan: $975
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A loan of $975 helped to pay for the renovation of her rental apartment and to buy grocery items for her variety store.


Letecia's story

This is Letecia, 41, a resident of Intramuros, Manila, Philippines. She is married to Joel, a welder, and is a mother to their children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Letecia operates a room rental business; it is rented on a monthly basis. She also has a variety store. She earns a minimum of 10,000 Philippine pesos (PHP) in sales every month.

To help her continue operations of her business, she is requesting a 40,000 PHP loan. She will be utilizing the loan for the repair and maintenance of her room for rent. She will also buy grocery products for her business.

Letecia dreams that her business will continue to grow and hopes that her children will finish their studies. She meets up with her co-fellowship* members to share stories of her work every week, and this is 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 microfinance loans.



Loan details

Loan length:

8 months
Disbursed date: April 30, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 30, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International