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Basilisa
This is Basilisa, fifty-three, a resident of Quezon City, Philippines. She is married to Jesus, her business partner, and is the mother of four children. She, together with her husband and children, manage their own household while operating the business.

Basilisa operates a motorcycle oil distribution business. There is more need, now than before, for services like these as customers’ demand increases. She makes profit by getting supplies at wholesale prices and selling by the piece. Her products are motor oil and products of the like. Her regular customers are her neighbours and the local community. She earns a minimum of 1,000 Philippine Pesos (PHP) in sales every day.

To help her continue operating her business, she is requesting a PHP 20,000 loan. She will use the loan to buy additional stocks of supplies and products needed for her business. She expects a boost in her business income as she expands her business.

Basilisa dreams of being able to give her family a good future 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.

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
  • 299
    View loans »
    Philippines Loans Fundraising
  • $52,105,400
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Basilisa to pay for additional stocks of supplies and products needed in her motorcycle oil business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012