Nerissa oversees operations of their vehicle rental business. They have two L300 vans that they rent out to transport cargo or for people who need vehicles when transferring household goods to other places. They provide their services within the city and nearby provinces. Aside from this she also earns other income from making rugs. She earns a minimum of 5,000 Philippine Pesos (PHP) in sales every week.
To help her continue operating her business, she is requesting a PHP 20,000 loan. She will use the loan to buy spare parts and do maintenance on her vans. She expects a boost in her business income as she expands her business.
Nerissa hopes to have her own house someday and dreams of being able to give her children a good and high quality education through all her hard work in her business. She faithfully meets up with her co-fellowship* members to share stories of her work every week and 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.
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 TransformationThe 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.
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Success!! The loan was 100% repaid