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Rebecca
This is Rebecca, 49, a resident of Manila, Philippines. She is married to Marlon, a tricycle driver, and mother to their four children. With the help of her husband and children, she manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Rebecca operates a variety store. In the Philippines, a variety store is basically a small convenience store that retails groceries, toiletries, and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, five pesos' worth of cooking oil, or an egg. She earns a profit by getting supplies at wholesale prices and reselling them by the piece. Aside from this, she also sells processed meat. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 1,500 Philippine pesos (PHP) in sales every day.

To help her continue operation of her business, she is requesting a 43,000-PHP loan. She will be utilizing the loan to buy groceries, toiletries, and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.

Rebecca hopes her business will grow more this coming year, so she'll be able to have their house renovated. She dreams of being able to give her children a high-quality education through all her hard work on her business. She faithfully meets up with her fellowship* co-members to share stories of her work every week, where she can also draw strength and inspiration from the Word of God she studies.

* 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 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

  • $7,000
    Average annual income
  • 1286
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rebecca to pay for grocery items and products needed in her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2011
Listed
Oct 3, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012