For six years now, Marivie has been in the coconut business. She buys young coconut fruit directly from farmers and she retails them. She has a fruit stand along the highway by-pass leading to Tagaytay City, a local tourist destination in the province. Marivie also sells coconut by-products like pure coco vinegar and coco wine. She earns an estimated net monthly income of around 12,000 PHP from this business.
To help her continue the operation of her business, she is requesting a 20,000 PHP loan. She intends to use this loan to purchase more fresh young coconuts for selling.
Marivie acknowledges that no challenges are too hard to deal with. She knows that the Lord will enable her to overcome and uphold the future of both her children and her business. She dreams of making her sari-sari store grow. 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 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 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