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Alexander
This is Alexander, a 31-year-old resident of Puerto Princesa, Palawan, Philippines. Single, he manages his household while operating the business. At this time, he is working hard to continually provide income for his everyday expenses.



Alexander operates a salon business offering hair styling and hair grooming services. With his salon adjacent to his house, his regular customers are neighbors and the local community. He earns a minimum of 400 Philippine Pesos (PHP) in sales every day.



To help him continue operations of his business, Alexander is requesting a Php 30,000 loan to buy supplies including shampoo and hair treatment creams and oils. He expects a boost in his business income as he expands his business.



Alexander, who hopes to venture into the pastry business, faithfully meets up with his co-fellowship* members to share stories of his work every week and draw strength and inspiration from the Word of God he 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 gathering each week to study the Word of God, build social capital, and repay 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
  • 258
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Alexander to pay for additional stocks of salon supplies and products needed in his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012