Glicelle operates an accessories retail business. What she basically does is buy accessory items from a wholesaler and sell them by the piece or pack for a profit. Her products range from beaded jewelry like necklaces and other similar products to bags, lotion and perfume. Customers are attracted to buy from Glicelle's business due to the low selling prices and the many options she offers. Her regular customers are students and mall patrons. She earns a minimum of 500 Philippine Pesos (PHP) in sales every day.
To help her continue operation of her business, she is requesting a PHP 15,000 loan. She will be utilizing the loan to buy greater quantities and varieties of accessory products to expand her product inventory. She expects a boost in her business income as she expands her business.
Glicelle hopes to have her own house and dreams of being able to give her children a 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. There she can also draw strength and inspiration from the Word of God as 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 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