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Roselle
This is Roselle, 35, a resident of Bacoor, Cavite, Philippines. She is married to Sabino, a welder, and mother to her children. Together with her husband, she manages their household while operating her variety store. Roselle works hard to continually provide income for her family's everyday expenses.

In the Philippines, a variety store is basically a small convenience store, where Roselle retails groceries, toiletries, and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, 5 PHP worth of cooking oil, or an egg. Roselle earns a profit by buying wholesale supplies and selling by the piece. Her store is located adjacent to her house and her regular customers are her neighbors and local community members. Roselle earns a minimum of 300 PHP in sales every day.

Roselle is requesting a 9,000 PHP loan to buy groceries, toiletries, beverages, and other products to add in her inventory and continue operating her store. She expects a boost in her business income as she expands. Roselle hopes to grow her business in the coming years and dreams of giving her children a good and high quality education through all her hard work on her business. She faithfully meets up weekly with her co-fellowship* members to share stories of her work and draw strength and inspiration from studying the Word of God.

* All CCT community partners and clients are organized into fellowship groups that meet on a weekly basis. A fellowship group is composed of 15 to 30 community partners. Fellowship groups gather each week to study the Word of God, build social capital, and repay 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
  • 1087
    View loans »
    Philippines Loans Fundraising
  • $57,648,050
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Roselle to buy grocery items and products for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012