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Felimon
This is Felimon, 54, a resident of Silang, Cavite, Philippines. He is married to Veronica and is a father to his children. He and his wife manage their household while operating the business. At this time, he is working hard to continually provide for his family.

Felimon operates a food stall, where he sells fish balls. In the Philippines, fish balls are commonly sold on the side of the street. They are served skewered, and can be dipped into different kinds of sauces. Fish balls are somewhat flat in shape, and are often made with the meat of cuttlefish. His other products include squid balls and quail eggs. His regular customers are his neighbors and the local community. He earns a minimum of PHP 200 in sales every day.

To help him continue operations of his business, Felimon is requesting a PHP 50,000 loan. He will be utilizing the loan to buy more quantities of fish ball ingredients and other ingredients needed in his business. He expects a boost in his business income as he expands his business.

Felimon hopes to be able to expand soon. He faithfully meets up with his co-fellowship* members every week to share stories of his work and to 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 repay 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
  • 1081
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Felimon to pay for more quantities of fish ball ingredients and other ingredients needed in his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013