Funded

Total loan: $450
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Lito

Philippines
Bacoor, Cavite, Philippines / Food Production/Sales

A loan of $450 helped to pay for raw ingredients like rice, pork, chicken, and vegetables and other products needed in his business.


Lito's story

Lito previously accessed a 12,000 PHP loan that he used buy more quantities of products like meats, rice, vegetables, condiments, and seasonings. His earnings were a big help for the education of his children and in their personal, household, and business expenditures. He would like to apply for another 20,000 PHP loan for him to purchase raw ingredients like rice, pork, chicken, and vegetables and other products needed in his business. His profits from his business will definitely help sustain his daily needs and the educational expenses of his children. He looks forward to this financial increase with gladness and thankfulness in his heart. Lito hopes to have more customers and dreams of giving his family a good future. He meets up with his co-fellowship members to share stories of his work every week. It is where he can also draw strength and inspiration from the Word of God he 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 Micro Finance loans.



Loan details

Loan length:

6 months
Disbursed date: January 14, 2014
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: January 14, 2014
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International