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At 50, Teresita D. still has to make an effort to achieve a sense of accomplishment. She presently resides in Caloocan City where she stays with her two children and runs her own micro business. Teresita is widow who works very hard to earn a living and to be able to send all of her children to college.

Teresita is already working to a point where other dreams lie. She already has her own grocery, which is a dream to many sari-sari (variety) store owners. She has spent 11 years to establish the grocery in her community. She offers basic commodities like groceries, rice, beverages, generic drugs, school supplies, accessories, and electronic loading for cell phone credits on all local networks. Every month, she earns an estimated net income of around PHP 12,400.

To help her continue operation of her business, Teresita is requesting for a PHP 50,000 loan. With this money, she will secure the supplies for her grocery store, including food items, rice, school supplies, and electronic loading for mobile phones.

Vacations become quite a hindrance to Teresita, as less customers go to her grocery to purchase school snacks for their children. Still, it is her goal that every time her customers buy they will find all they need in her store. Teresita desires to help those who are needy because for her, happiness and contentment can be achieved with a sense of accomplishment by helping others.

As a CCT community partner, she faithfully attends the group's weekly fellowship* meeting. She can also draw strength and inspiration from the Word of God she receives from these meetings.

*All CCT community partners and 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

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

  • $7,000
    Average annual income
  • 713
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Teresita to replenish grocery supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 24, 2011
Mar 21, 2011
Currency Exchange Loss:
Sep 15, 2011