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Rosana
This is Rosana, who is 40 years old and a resident of Silang, Cavite, Philippines. She is married to Placido and a mother to her children. She and her husband manage their household while operating a business. At this time, she is working hard to continually provide income for their everyday expenses.

Rosana operates a variety store. In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, PHP 5's worth of cooking oil, or an egg. She profits by buying supplies at wholesale and selling by the piece. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 500 in sales every day.

To help her continue operations of her business, she is requesting a PHP 12,000 loan. She will be using the loan to buy groceries, toiletries, and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.

Rosana hopes to grow her business and dreams of givng her family a good future through all her hard work on her business. She faithfully meets up with her co-fellowship* members every week to share stories of their work. It is 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 repay Micro Finance loans.

Additional 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

  • $7,000
    Average annual income
  • 1502
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rosana to pay for grocery items and other products needed in her business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013