Check out some available loans that are similar to this one!
Eddie
This is Eddie, age 19, who is a resident of Payatas, Quezon City, Philippines. He is still single. Eddie and his parents manage their own household while operating a business. At this time, he is working hard to continually provide income for their everyday expenses.

Eddie operates a computer rental shop. In the Philippines, very few people own their own computers. Thus there is a need for them, especially for students who need to do their research and papers. He rents out computers by the hour and offers printing and typing services. His regular customers are his neighbors and the local community. He earns a minimum of 500 PHP in sales every day.

To help him continue to operate his business, he is requesting a PHP 20,000 loan. He will be utilizing the loan to buy new computer units, spare parts and accessories needed in his business. He expects a boost in his business income as he expands his business.

Eddie dreams of having a bigger computer shop. He faithfully meets up with his co-fellowship* members to share stories of his work every week and were 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 comprises 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
  • 561
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Eddie to pay for additional computer parts and supplies needed in his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013