To meet the needs of her big family, Belen runs a sari-sari (variety) store of her own. Belen also manages the rooms she rents out to boarders. She sees to it that her relationships with these boarders is good so that she can secure a long-term business connection with them. These businesses have been operating for six years now, and through them Belen earns Php12,000 per month on average.
To help her continue operation of her business, she is requesting Php34,000 loan. She intends to use this to replenish store products and maintain the rooms being rented out. With sufficient money on hand she can keep up the good condition of her businesses.
A smooth, peaceful life is what Belen desires. Sometimes, however, there is the challenge of unpaid debts of her customers. Nonetheless, her determination to keep going and keep earning for the future of her children allows her to be strong. She hopes to see all of her children finish college.
As a CCT community partner, she faithfully attends the group's weekly fellowship* meeting where she can also draw strength and inspiration from the Word of God she received.
*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.
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 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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