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Lolita
This is Lolita C., 52, resident of Commonwealth, Quezon City, Philippines, mother to a young adult currently enrolled in college.

Lolita operates a computer shop. Computer shops mostly cater to students who need to do research and printing, but it is also open for people who need some relaxation through online interaction. She offers services to her immediate community and neighbors.

To help her continue operation of her business, she is requesting a Php 49,000 loan. She will be utilizing the loan to buy more computer units, repair some of the old units, and purchase new software/hardware for the shop. She expects a boost in her business income as she expands her business.

Lolita dreams of being able to help her family through her business. She also hopes that the business will continue to be more successful and stable. 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
  • 1082
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Lolita buy computer units, repair some of the old units, and acquire new software/hardware for the shop.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 16, 2010