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Violeta
This is Violeta C., 55, resident of Pasay City, Philippines. She is married to Florante C., a retired pensioner, and mother of five adults, all of whom are already working and helping her with the household and finances. As of the present time, Violeta is working hard to continually provide income for their everyday expenses.

Violeta maintains a pharmacological direct selling business. She sells DXN, a local brand of herbal medicines and health supplements. Also included in the inventory are vitamins. A customer's order is bought in cash by the dealer and then given to the customer with a one-month-to-pay credit. Dealer’s prices are lower than those in the catalogue, and these are the profits that dealers are counting on as their income. Her regular customers are her neighbors and the local community. She earns a minimum of 1500 Philippine pesos (PHP) in sales every week.

To help her continue operations of her business, she is requesting a 28,000 PHP loan. She will be utilizing the loan to buy orders for her customers. She expects a boost in her business income as she expands her business.

Violeta has always dreamed of having her house fixed and renovated. She faithfully meets up 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 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

  • $1175
    Average annual income
  • 990
    View loans »
    Philippines Loans Fundraising
  • $54,483,000
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Violeta buying orders for her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2010
Listed
Oct 11, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011