Funded

Total loan: $1,125
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Ernelyn

Philippines
Taguig City, Philippines / Personal Products Sales

A loan of $1,125 helped to pay for additional supplies and merchandise.


Ernelyn's story

Ernelyn is thankful for the financial assistance extended to her. She was able to buy more merchandise for her direct-selling business. Her loan helped not just in her business but also in the education of her children. Her income is covers their everyday household expenditures. She and her husband are working hard to provide for their everyday needs. She also sells frozen foods and offers rooms for rent for additional income. She would like to apply for another PHP 50,000 loan for her to buy additional supplies and merchandise like clothing, footwear, undergarments, and cosmetics. The more items she has on display and available on hand, the better. More items to sell will result in better profits. The money from the business will definitely help her to sustain her children’s education and daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Ernelyn dreams of being more successful in her business and hopes that her children will finish their studies. She meets up with her co-fellowship members to share stories of her work every week and also 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 microfinance loans.



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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