Funded

Total loan: $1,150
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Josephine

Philippines
Tondo, Manila, Philippines / Clothing Sales

A loan of $1,150 helped to pay for more stocks of jackets, blouses, shirts, and other products needed in her business.


Josephine's story

This is Josephine. She previously accessed a PHP 50,000 loan that she used to buy additional stocks of merchandise like jackets, blouses, shirts, and other products needed in her business. Her earnings were a big help in the education of her children and in her family's personal, household, and business expenditures. She would like to apply for another PHP 50,000 loan to buy more stocks of jackets, blouses, shirts, and other products. 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 daily needs and educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.

Josephine dreams of being more successful in her business and hopes to give her children a good life and education. She meets up with her co-fellowship* members to share stories of their work every week. It 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 their microfinance loans.



Loan details

Loan length:

7 months
Disbursed date: November 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:

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