Funded

Total loan: $400
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Nelly

Philippines
GMA, Cavite, Philippines / General Store

A loan of $400 helped To pay for grocery items, toiletries and beverages needed in her business.


Nelly's story

This is Nelly. Her previous loan was a big help in her business. She was able to buy the materials needed to make rugs and door mats and she was able to produce more output. The loan also helped in the education of her children as well as in their everyday expenses. She also has a variety store which she is also attending to. She and her husband are working hard to provide for their everyday needs.

She would like to apply for another 17,000 PHP loan for her to buy groceries, toiletries, beverages and other products to add to her inventory. The more items displayed at the store the better. More items to sell will result in more profits. Her profits from business will definitely help sustain her family’s daily needs and children’s education expense. She looks forward to this financial increase with gladness and thankfulness in her heart.

Nelly dreams to be more successful in her business 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, where she also draws 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 pay microfinance loans.



Loan details

Loan length:

8 months
Disbursed date: May 28, 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: May 28, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International