Funded

Total loan: $500
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Ernesto


A loan of $500 helped to buy grocery items, toiletries, and beverages needed in his business.


Ernesto's story

Ernesto's previous loan was a big help in his business, for he was able to buy all the needed grocery items for his variety store. It also helped in the education of his children. In this business for more than five years now, he and his wife work to continuously provide for their everyday expenses.

Ernesto is requesting a new loan for 20,000 PHP to buy groceries, toiletries, beverages and other products to add to his inventory. The more items displayed in the store, the better. More items to sell will result in better profits, profits that will definitely help to sustain the family's daily needs. He looks forward to this financial increase with gladness and thankfulness in his heart.

Ernesto dreams that his business will grow bigger, and he hopes to give his children a good life and education. He meets up with his co-fellowship* members to share stories of his work every week and draw strength and inspiration from the Word of God he 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 who gather each week to study the Word of God, build social capital, and repay micro finance loans.



Loan details

Loan length:

5 months
Disbursed date: May 14, 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: May 14, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International