Jason operates an internet café business. There is more need, now than before, for services like these as customers’ demand increases. His main patrons are students, who require his services for school requirements. He also has people who need to rent computers for business purposes like writing a resume or any office documentation, as well as people who would just love to surf the 'net and any social network. His regular customers are his neighbors and the local community. He earns a minimum of 450 Php (Philippines pesos) in profit every day.
To help him continue operations of his business, he is requesting a Php 50,000 loan. He will be utilizing the loan to buy an additional computer, mouse, keyboard, mouse pad, and other supplies for his business. He expects a boost in his business income as he expands his business.
Jason dreams to be able to give his children a good and high quality education through all his hard work on his business. He faithfully meets up with his co-fellowship members to share stories of his 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 microfinance loans.
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 TransformationThe 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.
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Success!! The loan was 100% repaid