Check out some available loans that are similar to this one!
Nida
This is Nida, a 54-year-old mother and resident of Payatas, Philippines who is married to Romeo. She and her children manage their household while operating a business. At this time, she is working hard to continually provide income for their everyday expenses.



Nida operates a junk shop. Trash is not actively segregated in the Philippines, and while waiting for their local dump trucks, people scavenge garbage dumps and trash bags for recyclable materials like metal, copper, plastic, paper and other materials which they sell to junk shops for a small profit. Junk shops then stack, clean, and gather huge quantities of these materials and sell them back to foundries.



Nida also raises pigs in her compound. Her regular customers are her neighbors and the local community. She earns a minimum of Php 1000 in sales everyday.



To help her continue operations of her business, she is requesting a Php 16,000 loan to help buy scrap materials from collectors. She expects a boost in her business income as she expands her business.



Nida hopes to grow her business and dreams of being able to provide her children with a good and high-quality education through all of her hard work. She faithfully meets up with her co-fellowship members to share stories of her work every week and 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

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
  • 1454
    View loans »
    Philippines Loans Fundraising
  • $59,151,425
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Nida to pay for scrap materials needed in her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013