Funded

Total loan: $700
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Nicanor

Philippines
Bacoor, Cavite, Philippines / General Store

A loan of $700 helped to buy grocery items, toiletries, beverages and other products to sell.


Nicanor's story

Nicanor is thankful for the financial assistance extended to him as he was able to utilize it to purchase an increased quantity and variety of grocery items, toiletries and beverages to sell in his business. His earnings were a big help in his family's personal, household and business expenditures.

He would like to take out another loan, this time for 30,000 PHP. He will be utilizing the loan to buy groceries, toiletries, beverages and other products to sell: the more items displayed in the store, the better. More items to sell will result in higher profit. Nicanor's profits from his business will definitely help him to sustain his family's daily needs. He looks forward to this financial increase with gladness and thankfulness in his heart.

Nicanor dreams of having a franchise for his business and of buying his own house and lot. He meets up with his co-fellowship* members to share stories of his life and business every week and draws strength and inspiration from the Word of God that 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 micro-finance loans.



Loan details

Loan length:

5 months
Disbursed date: August 13, 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: August 13, 2014
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International