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Lolita
This is Lolita, 37, a resident of Manila, Philippines. She is married to Larson, an employee, and is the mother of two children. Together with her husband, Lolita manages their household and operates a business. At this time, she is working hard to provide income continuously, for their everyday expenses.

Lolita owns and operates a food stall. She sells snacks, like french fries, barbecue and other street foods, which sell very well, especially from 3:00 p.m. to 7:00 p.m. She also has a water distribution business for extra income. Her regular customers are her neighbors and the local community. She earns a minimum of 300 PHP in sales, every day.

To help her continue the operation of her business, she is requesting a 25,000 PHP loan. She will use the loan to buy more of the raw products and supplies she uses to serve her customers. She expects a boost in her business income, as she expands her business.

Lolita dreams of being able to give her children a good, high quality education through all her hard work on her business. She faithfully meets with her co-fellowship members every week, where she can share stories of her work, 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 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
  • 486
    View loans »
    Philippines Loans Fundraising
  • $51,011,175
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Lolita to pay for raw ingredients and supplies she will use in her food stall business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013