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Elena J., age 40, and her husband Arsenio have two children in high school and work hard to cover daily expenses and schooling costs. For the past ten years, Elena has owned and run her own sari-sari store (general store) and vegetable stand.

Elena has requested a PHP 10,000 loan to purchase additional inventory for her store, including soft drinks and snacks. The loan helps her buy in bulk so she can save money on transportation. She hopes additional inventory will help her attract more customers and eventually expand her business.

Elena has been a member of the Center for Community Transformation (CCT) for several loan cycles and has consistently attended weekly fellowship meetings.* She hopes that earnings from her business will continue to provide for her children's schooling.

* 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 repay microfinance 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
  • 1463
    View loans »
    Philippines Loans Fundraising
  • $59,150,875
    Funds lent in using Kiva
  • 45.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Elena additional inventory for her little store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Aug 5, 2010
Aug 25, 2010
Currency Exchange Loss:
Dec 16, 2010