Check out some available loans that are similar to this one!
Lucita
Lucita is 69 and a resident of Caloocan City, Philippines. She is a widow and the mother to two children. She earns a living by operating an aluminum and glass shop. She handles finances, accounts, inventories and promotion. Her company makes aluminum doors and window glass to order, and also repairs any type of aluminum doors or windows brought to them. Her regular customers are her neighbors and people in the local community. 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 30,000 loan. She will use this loan to buy supplies like glass, aluminum, silicon and other materials. She expects a boost in her income as she expands her business.

Lucita dreams of opening new branches and hopes to get to more customers in the market. She faithfully meets up with her co-fellowship members to share stories of her work every week and draw strength and inspiration from her religion.

*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 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
  • 1337
    View loans »
    Philippines Loans Fundraising
  • $57,861,200
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Lucita to buy supplies and products needed in her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012