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Ovilla
Ovilla G., 34, makes sure that her family's daily needs are met. She and her husband, Isagani G., a driver, have seven children. She helps the family income by managing a barbecue stall and also operates a jeepney or small bus.

Ovilla, or Beck-Beck, as she is fondly called, has been a member of the Center for Community Transformation* (CCT) for more than a year. She regularly attends their weekly fellowship meetings and pays her weekly dues consistently. Because of her good repayment performance with previous loans, she was able to borrow quite a few times in CCT’s Cooperative. She uses the money she borrows to expand and improve her barbeque business.

To ensure the success of her business, she would like to apply for a PHP 10,000 loan. This amount will be used as a source of added capital for her expanding business by buying raw ingredients needed such as fuel, condiments, and seasonings. She dreams that her business will continue to grow so that she can renovate her house to incorporate her own barbecue stall right in front of it.

* 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

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

  • $7,000
    Average annual income
  • 1239
    View loans »
    Philippines Loans Fundraising
  • $57,792,650
    Funds lent in using Kiva
  • 44.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Ovilla buying goods she needs (like fuel, condiments and seasonings) for her barbecue business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2010
Listed
Apr 8, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010