Funded

Total loan: $350
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Edna


A loan of $350 helped to pay for additional stocks of underwear needed in her business.


Edna's story

This is Edna, 42, a resident of Batasan, Quezon City, Philippines. She is married to Romeo, a construction worker, and they have children. She and her husband manage their household while operating the business. She works hard to provide income for their everyday expenses.

Edna operates the buy-and-sell business for her family. What she basically does is buy general merchandise from wholesalers and sell it with a little profit. Her products are different underwear. Customers are attracted to buy, due to the low selling prices and the many options she offers. She also has a small variety store. Her regular customers are her neighbors and the local community. She earns a minimum of 7,000 Philippine Pesos (PHP) in sales weekly.

To help her continue operations of her business, she is requesting a PHP 15,000 loan. She will use the loan to buy additional stocks of underwear needed in her business.

Edna hopes that her business will flourish and dreams to have a happy life. She meets with her co-fellowship* members every week to share stories of her life and business and to also draw strength and inspiration from the Word of God she studies.

* All CCT community partners / clients are organized into fellowship groups 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:

5 months
Disbursed date: July 11, 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: July 11, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International