Funded

Total loan: $300
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Tessie

Philippines
Intramuros, Manila City, Philippines / Motorcycle Transport

A loan of $300 helped to pay for the spare parts and maintenance of her tricycle unit.


Tessie's story

This is Tessie, 51, a resident of Intramuros, Manila, Philippines. She is married to Joel, a tricycle driver and they have children. She and her husband manage their own household. At this time, she is working hard to continually provide income for her everyday expenses.

Tessie oversees and owns operations of their tricycle transportation business. They have one unit of tricycle that carries up to four passengers to their destination within the community. The tricycle driver then remits to Tessie a boundary (daily quota) each day. In her business, the regular customers are the local community. She earns a minimum of PHP 500 every day.

To help her continue operations of her business, she is requesting a PHP 12,000 loan. She will be utilizing the loan to buy spare parts and accessories and also pay for the maintenance of heir motorcycle.

Tessie dreams of being more successful in her business and she hopes to give her family a good life. Every week, she meets up with her co-fellowship members* to share stories of her work and draw strength and inspiration from the Word of God she studies.

* All Center for Community Transformation (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:

6 months
Disbursed date: September 30, 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: September 30, 2013
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International