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Maricel
Maricel, 29, lives in Cavite, Philippines with her husband and children. She earns a living by working hard at running a variety store where she sells groceries, toiletries and beverages to people who live in her neighborhood. Her products include shampoo, cooking oil, and food items. She earns a minimum of 700 Philippine Pesos (PHP) a day.

To continue operating her business, she is requesting a PHP 25,000 loan to boost her business by buying more groceries, toiletries, beverages and other products to sell to her customers.

Maricel hopes to be able to expand her business and give her family a good future through her hard work. 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 her religion.

* 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 who study religion, 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

  • $1175
    Average annual income
  • 1074
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Maricel to buy more items to sell in her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013