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Matea
This is Matea, 61, a resident of Silang, Cavite, Philippines. She is a widow and a mother to her children. She manages her household while operating her business. At this time, she is working hard to continually provide income for their everyday expenses.

Matea operates an ornamental plant business. She grows garden plants that are native to the Philippines like ylang-ylang, golden shower, dahlias, and also a variety of hanging plants. Her regular customers are tourists, neighbors and members from nearby communities. She earns a minimum of Php 300 in sales every day.

To help her continue the operations of her business, she is requesting a Php 30,000 loan. She will be utilizing the loan to buy fertilizer and garden inputs for her business. She expects a boost in her business income as she expands her business.

Matea dreams to grow her business in the coming years and hopes to live a peaceful life. She faithfully meets up with her co-fellowship members to share stories of her work every week. She also draws 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

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

  • $7,000
    Average annual income
  • 1309
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Matea to pay for fertilizer and garden inputs for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013