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Bella
This is Bella, 46, a resident of Intramuros, Philippines. She is married to Arnold, a land surveyor, and mother to their children. Two are already working while the youngest is still in high school. She, together with her husband, manages the household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Bella operates a gown rental. She makes different kinds of gowns and has them rented. These gowns are used in special occasions and other formal gathering. She also sells accessories for additional income. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 320 Philippine Pesos (PHP) in sales every day.

To help her continue operations of her business, she is requesting a Php50,000 loan. She will be utilizing the loan to buy materials needed in making gowns and accessories to expand her inventory. She expects a boost in her business income as she expands her business.

Bella hopes her business grows more in the coming years and 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 and where she can also draw 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 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
  • 928
    View loans »
    Philippines Loans Fundraising
  • $53,512,225
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Bella to pay for materials needed in making gowns and accessories to expand her inventory.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013