Funded

Total loan: $250
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Elvira


A loan of $250 helped to pay for RTW products and merchandise items like polo shirts for men and women, socks and shirts to expand her product inventory.


Elvira's story

This is Elvira, 51, a resident of Cabrera, Pasay, Philippines. She is married and she has children. She, together with her husband, manages their household while operating the business. She works hard to provide income for their everyday expenses.

Elvira operates the buying and selling business of her family. What she basically does is to buy general merchandise from wholesalers and sell it with a little profit. Her products are men's and women’s clothes and other products of the like. Customers are attracted to buy due to the low selling prices and the many options she offers. Her regular customers are her neighbors and the local community. She earns a minimum of 300 Philippine Pesos (PHP) in sales every day.

To help her continue operation of her business, she is requesting a PHP 10,000 loan. She will be utilizing the loan to buy RTW products and merchandise items like polo shirts for men and women, socks and shirts to expand her product inventory.

Elvira dreams that her business will grow bigger and hopes to have a better living. She meets up with her co-fellowship* members to share stories of her life and business every week, 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 Micro Finance loans.



Loan details

Loan length:

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