Check out some available loans that are similar to this one!
Lucita
This is Lucita, 60, a resident of Bacoor, Cavite, Philippines. She is married to Nestor, her business partner. She and her husband manage their household while operating the business. At this time, Lucita is working hard to continually provide income for their everyday expenses.

Lucita operates a variety store. In the Philippines, a variety store is basically a small convenience store that 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. She earns an income by getting supplies at wholesale prices and selling them by the piece. Lucita's store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 500 Philippine Pesos (PHP) in sales every day.

To help her continue operating her business, she is requesting a loan of 15,000 PHP. She will utilize the loan to buy groceries, toiletries, beverages, and other products to add to her inventory. She expects a boost in her business income as she expands her business.

Lucita hopes to grow her business in the coming years and dreams of being able to give her family a good future through all her hard work on her business. She faithfully meets up every week with her co-fellowship* members to share stories of her work and to 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 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
  • 359
    View loans »
    Philippines Loans Fundraising
  • $50,739,475
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Lucita to pay for grocery items and products needed in her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012