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Rowena
Rowena, 41 and single is a resident of Quezon City, Philippines. She manages her own household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Rowena operates a food stall. In the Philippines, the whole working community and most families only eat home-cooked meals during evenings where all the family members are at home to partake of the meal. This is not only a usual family tradition but a matter of convenience and frugal living. It is considered a waste of money and time to spend cooking gas and food for one to two persons when buying cooked rice and viands costs less than raw food. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 600 in sales every day.

To help her continue the operation of her business, Rowena is requesting a PHP 8,000 loan. She will be utilizing the loan to buy products like meats, rice, vegetables, condiments and seasonings. She expects a boost in her business income as she expands her business.

Rowena dreams of being able to give all of her children a good and high quality education through all her hard work on her business. She also hopes to have her house renovated by the end of the year. She faithfully meets up with her co-fellowship members to share stories of her work every week.

* All CCT community partners/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.

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
  • 1536
    View loans »
    Philippines Loans Fundraising
  • $56,687,750
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Rowena to pay for ingredients and products she needs for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 10, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011