Funded

Total loan: $275
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Carmen

Philippines
Dasmarinas, Cavite, Philippines / Motorcycle Transport

A loan of $275 helped to pay for spare parts and maintenance of her tricycles.


Carmen's story

Carmen owns and operates two tricycle units. She has been successful in this business for ten years, and she repaid her previous loan used for the business. She also finds ways to improve her income by offering electronic load service.

Relative to this, she would like to take a new loan to buy spare parts and accessories for their vehicles. She is requesting an amount of PHP 12,000 for the maintenance of their tricycle units to continue operation of her business.

In the future, Carmen wants to manage her own "sari-sari" store. She meets up with her *co-fellowship members every week to share stories of her life and business and to also draw strength and inspiration from the Word of God that she studies.

* All CCT community partners/clients are organized into fellowship groups 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:

5 months
Disbursed date: June 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:

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