Precila has been raising and selling all kinds of flowers and ornamental plants for years now. She raises ornamental plants and flowers which are normally present at Filipino home gardens. She serves hobbyists, offices, schools and her local community. Along with this business, she also manages a variety store which is adjacent to her house. Every month, Precila earns an estimated net income of around 11,000 Philippine pesos (PHP).
To help her continue operation of her businesses, she is requesting a 15,000 PHP loan. She plans to use this to pay for sacks of fertilizers for her flower and ornamental plants farm. She also intends to use part of this loan to buy additional grocery items as replenishment for her variety store.
Precila desires a big grocery store and able to buy their own house and lot someday. 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 Micro Finance 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