Funded

Total loan: $1,175
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Jessica

Philippines
Intramuros, Manila City, Philippines / Home Products Sales

A loan of $1,175 helped to pay for towels, bed sheets, magic pillows and other products needed in her business.


Jessica's story

This is Jessica. She previously accessed a 10,000 PHP loan that she used to buy towels for her business. Her earnings were a big help in their household and business expenditures. As she expanded her business, she added selling bed sheets, magic pillows, and some fruits. She and her husband are working hard to provide for their everyday needs.

She would like to apply for another 50,000 PHP loan for her to buy towels, bed sheets, magic pillows and other products needed in her business. The more items displayed at the store the better. More items to sell will result in better profit. Her profits from business will definitely help her to sustain her family's daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

She dreams to be more successful in her business and hopes that her family will have a good future. She meets up with her co-fellowship* members to share stories of her work every week, and this is where she can also 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 is 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:

8 months
Disbursed date: July 23, 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: July 23, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International