Nelson has been raising hogs for five years, and earns approximately 28,000 PHP per month from the business.
Nelson has applied to CCT for a loan of 50,000 PHP to purchase feed, a scale, and other supplies for his livestock business. Nelson joined CCT in 2006 and previously repaid a 50,000 PHP loan. As his business grows, he plans to use the profits to renovate the pigpen to improve the pigs’ living conditions, and to pay tuition for his daughter’s schooling.
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On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>
About the Center for Community TransformationThe Center for Community Transformation (CCT) is dedicated to the development of communities and lives via spiritual transformation and access to financial services. CCT offers loan products to address the needs of micro-entrepreneurs in the Philippines. The organization’s loan products include small business, education, and housing loans. CCT utilizes a community-based approach to provide a variety of non-financial services that include training and development programs, clinics, disaster relief operations, a low-cost medicine program, and social service programs. CCT offers a unique “Pavement Dweller” program designed to provide food, housing, and job training. CCT also provides education support services to the poorest groups in the Philippines. Find more information about CCT on their website or join their lending team.
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