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Ma. Mernaly
This is Ma. Mernaly G., 41, a resident of Commonwealth, Quezon City, Philippines. She is married to June G., a security guard, and mother to an elementary school-aged child. At this time, she is working hard to be able to send her child all the way through college--a dream for most Filipino parents like Ma. Mernaly as she herself is a college graduate and believes that a college diploma is the best inheritance parents could leave to their children.

Ma. Mernaly operates a rug-making business and at the same time is a fabric dealer. She mainly offers rugs, from those round palm-sized ones, to the much larger doormats, braided quilts and bed sheets, and other crafts that most rug-makers come up with every day. As rugs are a major part of Filipino housekeeping and cleaning, rugs are one of the most common products that can be bought, sometimes even from a peddler while you are riding in a speeding jeepney down the highway. Her regular customers are her neighbors and the local community. She earns a minimum of Php 300 in sales every day.

To help her continue operations of her business, she is requesting a Php 20,000 loan. She will be utilizing the loan to buy quantities of raw materials like fabric, thread, and newspapers for patterns. She expects a boost in her business income as she expands her business.

Ma. Mernally dreams of being able to give her child a good and high quality education through all her hard work on her business. She faithfully meets with her co-fellowship members to share stories of her work every week.

* 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 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

  • $1175
    Average annual income
  • 353
    View loans »
    Philippines Loans Fundraising
  • $50,982,700
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Ma. Mernaly buy quantities of raw materials like fabric, thread, and newspapers for patterns.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011