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Bernarda
Bernarda C., 55, is making sure that her family has enough provisions for their daily needs. She is married to Rodulfo C., a farmer. She makes sure that she helps her husband earn income so that their family can have a better life. She has been managing a business selling seasonal products. Currently she is selling fruit and some vegetables.

Bernarda has been a regular member of Center for Community Transformation* (CCT) for more than a year 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 has been able to borrow quite a few times in CCT’s Cooperative. She is consistent in paying her dues because she used the money she borrowed to expand and improve her business.

Now with your help, she would like to apply for a PHP 12,000 loan. This amount will be used as a source of additional capital for her expanding business to buy more products needed to sustain and replenish her current inventory.

She dreams that her business will continue to grow and that she will be able to sustain the business for as long as it will last. She also wishes that she will have good health to fully enjoy her years with her family.

* 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 microfinance loans.

Additional Information

More information about this loan

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 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

  • $1175
    Average annual income
  • 1383
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 46.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Bernarda to buy more products to sustain and replenish her current inventory.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2010
Listed
Feb 18, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010