Funded

Total loan: $225
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Loreta

Philippines
Caloocan City, Philippines / Cloth & Dressmaking Supplies

A loan of $225 helped to pay for additional stocks of merchandise like a variety of lace, curtains, and other home trappings needed in her business.


Loreta's story

This is Loreta. She previously received a 10,000 PHP loan that she used to buy curtains, and other home trappings. Her earnings were a big help in the education of her child and in their personal, household, and business expenditures.

She would like to apply for another 10,000 PHP loan to buy additional stocks of merchandise like a variety of lace, curtains, and other home trappings needed in her business. More items to sell will result in better profits. Her profits from business will definitely help her to fulfill her daily needs and her child's educational expenses. She looks forward to this financial increase with gladness and thankfulness in her heart.

Loreta dreams that her business will continue to flourish and hopes for a better future. She meets up with her co-fellowship* members to share stories of her work every week and 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 Micro Finance loans.



Loan details

Loan length:

5 months
Disbursed date: August 14, 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: August 14, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International