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Lolita
This is 42-year-old Lolita, a resident of the Intramuros district in Manila City, Philippines. She is married to Erwin, and a mother to her children. At this time, she is working hard to be able to send her children all the way through college. Like most Filipino parents, Lolita believes that a college diploma is the best inheritance parents could leave to their children.

Lolita operates an internet café business. There is more need, now than before, for services like these as customers’ demand increases. Her main patrons are students, who require her services for to complete school requirements. She also has people who need to rent computers for business purposes like writing a resume or office documentation; as well as people who would just love to surf the internet and any social network. She earns a minimum of PHP 500 in profit every day.

To help her continue operations of her business, she is requesting a PHP 30,000 loan. She will be utilizing the loan to buy additional computer parts and accessories needed in her business. She expects a boost in her business income as she expands her business.

Lolita dreams to be able to give her children a good and high quality education through all her hard work on her business. She faithfully meets up with her co-fellowship members to share stories of her work every week.

* 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

  • $1175
    Average annual income
  • 326
    View loans »
    Philippines Loans Fundraising
  • $52,185,750
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Lolita to pay for additional computer parts and supplies needed in her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2012
Listed
Oct 21, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013