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Leona
This is Leona, 44, resident of Manila, Philippines. She is married to Demetrio, a driver, and a mother to her children. She and her husband manage their household while operating their business. At this time, she is working hard to continually provide income for her everyday expenses.

Leona operates a meat stall. They buy meat from suppliers that deliver meat to market stalls. Her products are pork, beef meat and processed meat products. There are many patrons who prefer her products since they are assured of freshness and cleanliness. Her regular customers are her neighbors and the local community. She earns a minimum of 1,000 Philippine pesos (PHP) in sales every day.

To help her continue the operations of her business, she is requesting a 12,000 PHP loan. She will be using the loan to buy additional supplies of pork and beef meat needed in her business. She expects a boost in her business income as she expands her business.

Leona hopes that her business will continue to be successful, just as she fervently hopes that her children will be able to graduate one day and be finished with their studies. She faithfully meets up with her co-fellowship members to share stories of her work every week. This is 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 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

  • $1175
    Average annual income
  • 323
    View loans »
    Philippines Loans Fundraising
  • $52,716,825
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Leona to pay for additional stock of meat needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Apr 23, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012