Funded

Total loan: $375
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Loreta


A loan of $375 helped to pay for grocery items, toiletries and beverages to expand her product inventory.


Loreta's story

This is Loreta, who previously accessed a 20,000 PHP loan that she used to purchase more quantities and varieties of grocery items, toiletries and beverages needed in her business. Her earnings were a big help in her personal, household and business expenditures.

Loreta is requesting another 15,000 PHP loan to buy groceries, toiletries, beverages and other products to add to her current inventory. The more items displayed at the store the better, as more items to sell will result in greater profit. Her profits will definitely help her to sustain her daily needs, and she looks forward to this financial increase with gladness and thankfulness in her heart.

Loreta dreams that her business will continue to grow and hopes that her children will have stable jobs. She meets up with her co-fellowship* members to share stories of her life and business every week and draw strength and inspiration from the Word of God she studies there.

* 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:

7 months
Disbursed date: May 10, 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: May 10, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International