Check out other loans that are currently fundraising!
Nieva
Nieva V. S., 51, is making sure that her family has enough provision for their daily needs. Married to Jose S. Jr., a driver, they are blessed with three children. She makes sure that she helps her husband earn income so that their family can have a better life. She has been selling newspapers for many years.

Nieva has been a regular member of Center for Community Transformation* (CCT) for several years now. She regularly attends their weekly fellowship meetings and pays her weekly dues consistently. Because of her good repayment performance with her previous loans, she was able to borrow 12 times from CCT’s Cooperative. She is consistent in paying her dues because she used the money she borrowed to buy more stock of different newspapers for her business. Her business lets her earn a profit of PHP 14,000 per month.

Now with your help, she would like to apply for a PHP 38,000 loan. This amount will be used as a source of added capital to her expanding business by buying more newspapers to sell.

She dreams that her business will continue to grow so that she can help her children achieve their ambitions in life.

* 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.

Additional Information

About the Center for Community Transformation

The 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.

About Philippines

  • $7,000
    Average annual income
  • 1495
    View loans »
    Philippines Loans Fundraising
  • $59,107,075
    Funds lent in using Kiva
  • 45.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Nieva to buy more newspapers to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2010
Listed
Jan 19, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2010