Maria Bien


Status: Paying Back

$675.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Maria Bien
Location: Pasay City, Philippines
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $675.00
Loan Use: To renovate her rooms to rent
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 5, 2009
Date Disbursed: Oct 12, 2009
Date Funded:Nov 6, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.6651 PHP = 1 USD



This is Maria Bien, 60, from Mulawin, Pasay City - a populous community. She lives with her husband, Jesus, and their six children.

Maria has been in business for ten years. She rents out their house’s eight rooms to transients and boarders. She also has a pedicab (rickshaw) and she also sells mineral water and LPG (liquefied petroleum gas). Combined, she earns more than P20,000 a month. She is saving most of her profits in preparation for her husband’s heart surgery.

Maria joined the Center for Community Transformation (CCT) Credit Cooperative in 2005. She is in need of a new loan of P32,000 for the renovation of her rooms for rent.


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.




About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Lenders to this entrepreneur

Kay
Columbia, MD KivaFriends.org
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Crystal
Germantown, WI
United States

Terry
KivaFriends.org , St. Louis, MO
United States

Patrick
Kaneohe, HI
United States

The Dunn Family

United States

Lu Ann
Aurora,

Steve and Myra
Vernon, CT
United States

Ash
Auckland,
New Zealand

Anonymous
New York, NY
United States

Fiona
Los Angeles, CA
United States

Summer
San Francico, CA
United States

Ranveig
Trondheim,
Norway

Arni
Reykjavik,
Iceland

Helsinki
Helsinki, Uusimaa
Finland

Anonymous
Greenwich, London
United Kingdom

Gareth
Cushendun, Antrim
United Kingdom

Anonymous
London, London
United Kingdom

Marc
Luzern,
Switzerland

Katie
Fredericksburg, VA
United States

Michel
LaSalle, Quebec
Canada

Ursula and Kenneth
FORT LEWIS, WA
United States

Porter
Prospect, KY
United States



Top Lending Teams for this entrepreneur


KivaKY1230
Local Area
2 Members

Cooper Union
Colleges/Universities
19 Members

Friends of CEVI - Philippines
Common Interest
23 Members

Stanford University
Colleges/Universities
190 Members

Dunn Family and Friends
Families
7 Members

Journal entries for Maria Bien


Loan has been disbursed
 
Entrepreneur: Maria Bien
Location: Pasay City, Philippines

Thank you for your loan. It has been disbursed to Maria Bien 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
Nov 7, 2009
Comment on this entry

Kiva Help Repayment Schedule for Maria Bien

  Expected Repayments Actual Repayments Comments
January 2010 $196.87 Available Jan 1  
February 2010 $112.50 Available Feb 1  
March 2010 $112.50 Available Mar 1  
April 2010 $112.50 Available Apr 1  
May 2010 $140.63 Available May 1