Fely is a sugar retailer. She buys sacks of sugar from wholesalers, repacks them and sells them in 1/4, 1/2, and 1 kilo sizes to individuals, general store owners and the local community. She earns a minimum of 1,500 PHP in sales every day.
To help her continue operations, Fely is requesting a 50,000 PHP loan to buy more stocks of sugar to expand her inventory. She expects a boost in income from this expansion.
Fely dreams of giving all her children a good and high quality education through all her hard work. She also hopes to have a store in the community market. She faithfully meets up with her co-fellowship members to share stories of her work every week and to draw strength and inspiration from the Word of God.
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