Roswil takes the opportunity of selling turnips in her local community as summer is the best season for turnips in the Philippines. She buys these vegetables from wholesalers and retails the same ones with minimal mark up. Monthly, she earns an estimated net income of around 10,000 Philippines pesos (PHP).
To help her grow her business, she is requesting a 20,000 PHP loan. She plans to use this loan to purchase sacks of turnips to sell in her local community. She expects a boost in her business income as she expands her business.
Roswil acknowledges that no challenges is 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. 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 reads.
*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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