When they are in season, Esmeralda trades bananas, pineapples and other crops from their farm in the nearby market. But while waiting for the harvest to come in, she attends to her general store (as shown in the picture). Monthly, she earns an estimated income of around 12,000 PHP. Esmeralda is proud to declare that her children finished college out of the couple's earnings. She was also able to purchase a jeepney, which they are now using to deliver fruits and other crops to the market.
To help her continue operation of her business, Esmeralda is requesting a loan of 24,000 PHP. She plans to use this amount to purchase additional grocery items for her store. She will use part of this loan to fund the next cropping of their pineapple farm. Esmeralda believes that through this loan, she will be able to increase her earning capacity as a microentrepreneur.
Esmeralda wishes to become wealthier so she can help her poor neighbors and relatives. Her usual prayers include good health and harmonious relationships amongst her children. 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.
* 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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Success!! The loan was 100% repaid