Divina Ligsay


Status: Paying Back

$300.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Divina Ligsay
Location: Pasay City, Philippines
Activity: Charcoal Sales

About the Loan

Loan Amount: $300.00
Loan Use: To buy more charcoal to sell
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 24, 2009
Date Disbursed: Aug 4, 2009
Date Funded:Aug 24, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.1850 PHP = 1 USD



Divina Ligsay, 58, has been in business for the last ten years. She lives in Maricaban, Pasay City. Her husband, Hernando, 59, manages his own welding shop. Two of their three children are already working and help support their parents.

Divina sets up a table in an alley near her house and sells food items that she cooks every day. Her location enjoys a lot of traffic allowing her to earn close to P12,000 per month. Recently, she started selling charcoal (household fuel for cooking) to customers.

Divina joined the Center for Community Transformation (CCT) Credit Cooperative in early 2008 and has since been enjoying the many benefits it provides to its members. Divina recently applied for a new loan of P14, 000 so she can buy more charcoal which she has found to be a good source of additional income.

She hopes to someday turn her stall into a full-blown restaurant.


About CCT
The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through the fusion of social development initiatives and evangelical mission in a uniquely Filipino context. It serves urban and rural poor communities throughout the Philippines, in pursuit of its desire to see changed lives, strong families, and transformed communities centered in the Lordship of Jesus Christ.

CCT is a member of the Five Talents family.


Subscribe

Lenders to this entrepreneur

moreno
bern,
Switzerland

Jonathan
Cleona, PA
United States

Tom
Chicago, IL
United States

Angels
Hilliard, OH
United States

Anonymous
Stoke On Trent, Staffordshire
United Kingdom

Gail
Frederick, MD
United States

Jacobson Family
Cortlandt Manor, NY
United States

Philippe
Paris,
France



Top Lending Teams for this entrepreneur


ShinBeauty
Common Interest
1 Member

Kiva Christians
Friends
3113 Members

India
Common Interest
766 Members

Journal entries for Divina Ligsay


Loan has been disbursed
 
Entrepreneur: Divina Ligsay
Location: Pasay City, Philippines

Thank you for your loan. It has been disbursed to Divina Ligsay by Center for Community Transformation Credit Cooperative (CCT) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Center for Community Transformation Credit Cooperative (CCT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pasay City, Philippines
Aug 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Divina Ligsay

  Expected Repayments Actual Repayments Comments
October 2009 $37.50 $60.00 Repayment Received
November 2009 $62.50 $40.00 Repayment Received
December 2009 $50.00 $50.00 Repayment Received
January 2010 $50.00 Available Jan 1  
February 2010 $62.50 Available Feb 1  
March 2010 $37.50 Available Mar 1