Check out some available loans that are similar to this one!
Ethel
This is Ethel, 49, a resident of Manila, Philippines. She is married to Danilo and a mother to her children. She, together with her husband, manages their household while operating her business. At this time, she is working hard to provide income for her family's everyday expenses.

Ethel operates a bridal gown retailing business. What she basically does is buy bridal gown products from her suppliers and resells them for a profit. Her products are bridal gowns and dresses. Her regular customers are people in the local community. She earns a minimum of 3,000 Philippine Pesos (PHP) in sales every week.

To help her continue operations of her business, she is requesting a PHP 50,000 loan. She will use the loan to buy more bridal gowns and dresses to expand her product inventory. She expects a boost in her business income as she expands her business.

Ethel hopes to grow her business and dreams of being able to give her family a good future through all her hard work. She faithfully meets up with her co-fellowship members every week to share stories of her work and to draw strength and inspiration from the Word of God, which 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
  • 1245
    View loans »
    Philippines Loans Fundraising
  • $57,883,475
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Ethel to pay for more bridal gowns and dresses to expand her product inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Oct 27, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013