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Charlita
This is Charlita, 47, a resident of Malibay, Pasay City, Philippines. Her husband is Raul, an instructor, and they have six children. She, together with her husband and children, manages their household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Charlita operates a salon business. She offers hair styling, hair grooming, manicure, pedicure, and the like. Her regular customers are her neighbors and the local community. She earns a minimum of 600 Philippine Pesos (PHP) in sales every day.

To help her continue operations of her business, she is requesting a PHP 21,000 loan. She will be utilizing the loan to buy supplies for her salon like shampoo, hair treatment creams and oils, and other things needed for her business. She expects a boost in her business income as she expands her business.

Charlita hopes her business will continue over the coming years and dreams of being able to give her children a good and high quality education through all her hard work on her business. She faithfully meets up with her co-fellowship* members to share stories of her work every week and 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 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

  • $7,000
    Average annual income
  • 1308
    View loans »
    Philippines Loans Fundraising
  • $58,008,825
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Charlita to pay for salon materials and products needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Oct 31, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012