Funded

Total loan: $350
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Cherry Ly


A loan of $350 helped to pay for ingredients and pay for the maintenance of the equipment for her business.


Cherry Ly's story

This is Cherry. She previously accessed a 10,000 PHP loan that she used to purchase ingredients and pay for the maintenance of the equipment of her business. Her earnings were a big help in their personal, household and business expenditures.

She would now like to apply for a 15,000 PHP loan to pay for ingredients and pay for the maintenance of the equipment of her business. Her profits from business will definitely help her to cover their daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Cherry dreams that her business will grow even more. She meets up with her co-fellowship* members to share stories of her work every week and 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 comprises 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: May 29, 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: May 29, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International