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Virginia
This is Virginia, 54, resident of Manila, Philippines. She is married to Roger, a construction worker, and is a mother to her five children. She, together with her husband, manages their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Virginia is a vegetable vendor. She buys different kinds of vegetables at wholesale prices and sells them by the kilo. There are many patrons who prefer her products since they are assured of their freshness and cleanliness. Her store is located in a wet market (fresh food market commonly found in Asian countries). Her regular customers are her neighbors and the local community. She earns a minimum of Php600 in sales every day.

To help her continue operations of her business, she is requesting a Php 12,000 loan. She will be utilizing the loan to buy more vegetables to be sold every day. She expects a boost in her business income as she expands her business.

Virginia dreams to expand her business and to be able to give all her children a high quality education through all her hard work in her business. She faithfully meets up with her co-fellowship members to share stories of her work every week and 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 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
  • 908
    View loans »
    Philippines Loans Fundraising
  • $53,387,825
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Virginia to pay for additional stock of vegetables needed in her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012