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This is Teresita, 58, a resident of Payatas, Quezon City, Philippines. She is married to Dioscoro, a construction worker. They are working hard to support their children who are now in college, because they know that education is quite important for their children’s future and security.

Teresita operates a variety store adjacent to their house. In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a Php5-worth of cooking oil, or an egg. Teresita earns by getting supplies at wholesale prices and selling by the piece. Aside from this she also earn extra income from a direct sales business like AVON. Her regular customers are her neighbors and the local community. She earns a minimum of Php 300 in sales every day

To help her expand her business, she is requesting a Php 21,000 loan to buy additional grocery items, toiletries and beverages to expand her product inventory. The loan will also ensure extra capital for her direct selling business, and she can offer more AVON products to her old and new customers. This will bring forth added income for the family and will improve their living conditions.

Teresita dreams of expanding her business, possibly to a mini-grocery store. In this way she can give her children a good future and help them attain their dreams. She does not only hope for material things for her children, but most importantly she wants them to serve God and get involved in church ministry. She faithfully meets up with her co-fellowship* members every week to share her hopes and aspirations regarding her family.

* 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 repay Micro Finance loans.

Additional 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

  • $7,000
    Average annual income
  • 982
    View loans »
    Philippines Loans Fundraising
  • $63,408,725
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Teresita to pay for grocery items and products needed in her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 15, 2011
Sep 18, 2011
Currency Exchange Loss:
Feb 15, 2012