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Thelma
This is Thelma, 55, a resident of Pasay City, Philippines. Her husband is Rodrigo, who is also her business partner. She, together with her husband, manages their household while operating the business. At this time, Thelma is working hard to continually provide income for their everyday expenses.

Thelma maintains a direct-selling business. She sells clothing, footwear, undergarments, cosmetics, and other products through the popular direct-selling brands like Avon, Fuller life, Natasha, Boardwalk, Marikina Shoe Exchange, and other direct-selling brands. A customer's order is bought in cash by the dealer and then given to the customer with a one-month-to-pay credit. Dealers' prices are lower than those in the catalogue, and these are the profits that dealers are investing on as their income. Thelma's regular customers are her neighbors and the local community. She earns a minimum of 6,000 Philippine Pesos (PHP) in sales every week.

To help her continue operations of her business, she is requesting a PHP 40,000 loan. She will be utilizing the loan to buy merchandise items and orders for her customers. She expects a boost in her business income as she expands her business.

Thelma hopes to grow her business in the coming years and acquire her own house someday. She faithfully meets up with her co-fellowship 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 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
  • 617
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Thelma to pay for merchandise items and products needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2011
Listed
Nov 25, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012