Asuncion has requested a loan of 30,000 PHP to help restock her sari-sari store with groceries, soft drinks, and toiletries. She hopes that the additional inventory will attract new customers and help grow her business.
Asuncion has been a member of Kiva partner, Center for Community Transformation (CCT), since 2005 and has consistently attended weekly fellowship* meetings. She hopes that her business will continue to expand and that some day she will be able to afford her own vehicle and provide additional money for her children's education.
* 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.
About the Center for Community TransformationThe 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.
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