Funded

Total loan: $450
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Oliva

Philippines
Silang, Cavite, Philippines / Transportation

A loan of $450 helped to pay for the parts and maintenance of her tricycle unit.


Oliva's story

This is Oliva, 36, a resident of Silang, Cavite Philippines. She is married to Eddie, a worker abroad and is a mother to their children. At this time, she is working hard to continually provide income for her everyday expenses.

Oliva operates a tricycle transportation business. She has one tricycle unit that carries up to four passengers to their destination within the community. The tricycle driver then remits a boundary (daily quota) each day to her. In her business the regular customers are the local community. She earns a minimum of PHP 500 every day.

To help her continue operation of her business, she is requesting a PHP 19,000 loan. She will use the loan to buy spare parts, accessories and to maintain the tricycle.

Oliva hopes to have more tricycles and a store of her own. She dreams 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 Micro Finance loans.



Loan details

Loan length:

5 months
Disbursed date: August 12, 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 12, 2014
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International