Virgilio oversees operations of their Jeepney transportation business. It has one Jeep that carries up to 16 passengers to their destination within the community. His income comes from the daily quota the driver remits every day. Their regular passengers and customers are from the local community. He earns a minimum of PHP 800 every day.
To help him continue operations of his business, he is requesting a PHP 15,000 loan. He will use the loan for the maintenance of his Jeepney vehicle. He expects a boost in his business income as he expands his business.
Virgilio dreams of having his own house and lot someday. He faithfully meets with his co-fellowship* members every week to share stories of their work. It is where he can also 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. The fellowship groups gather each week to study the Word of God, build social capital, and pay Micro Finance loans.
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 TransformationThe 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.
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Success!! The loan was 100% repaid