Nestor is a fish vendor. He buys different kinds of fish at wholesale prices and sells them by the kilo. He buys fish at the local fish port early in the morning. There are many patrons who prefer his products since they are assured of its freshness and cleanliness. His store is located in a temporary fish market. His regular customers are his neighbors and the local community. He earns a minimum of PHP 1000 in sales every day.
To help him continue business operations, he is requesting a PHP 30,000 loan. He will use the loan to buy more fish to sell every day. He expects a boost in his business income as he expands his business.
Nestor dreams to be able to give all his children a high-quality education and wants his family to have a good life through all his hard work in his business. He faithfully meets up with his co-fellowship members to share stories of his work every week and it's 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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