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Lucita
This is Lucita D., 68. Lucita is a high school graduate. She is a widow with two children who are helping her in the business. She lives with her sons and grandchildren in LD subdivision, Tala, Caloocan City, Philippines.

Lucita manages a glass/aluminium workshop located along the national highway, where her son is the chief worker, along with two other assistants. Lucita deals with customers while her son and her two other employees do the hard work. Their shop fabricates and installs aluminium and glass doors, windows and building panels. They earn an estimated net income of around 12,000 Philippine Pesos (PHP) a month.

To help her continue operating her business, Lucita is requesting a 30,000 PHP loan. She plans to use this loan to buy more materials needed as requested by the customers. She expects a boost in her income through this loan.

Lucita dreams that her business will be successful and wants to open another branch to generate employment in her local community. She prays for good health and a peaceful, happy life for her family. 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 receives.

*All CCT community members are organized into fellowship groups composed of 15 to 30 community partners that meet on a weekly basis. The fellowship groups gather to study the word of god, build social capital and pay microfinance loans.

Additional Information

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 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

  • $1175
    Average annual income
  • 270
    View loans »
    Philippines Loans Fundraising
  • $53,135,300
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Lucita to pay for materials for her doors and windows business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 20, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011