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Gregorio
This is Gregorio, 41, resident of Payatas, Philippines. He is married to Normita, a housekeeper, and is a father to his children. He, together with his wife, manages their household while operating the business. At this time, he is working hard to continually provide income for his everyday expenses.

Gregorio is into selling fishnets. He gets a big amount of fishnets from a wholesaler and then sells them per piece. He also sells scouring pads used for cleaning pots and pans. His regular customers are his neighbors and the local community. He earns a minimum of Php 400 in sales every day.

To help him continue operations of his business, he is requesting a Php 20,000 loan. He will be utilizing the loan to buy more stock of fish nets and scouring pads for his business. He expects a boost in his business income as he expands his business.

Gregorio hopes his business grows and dreams to be able to give his family a good future by the grace of God. He faithfully meets up with his co-fellowship* members to share stories of his work every week and where he can also draw strength and inspiration from the Word of God he 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.

Additional 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
  • 1512
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Gregorio to pay for more stock of fishnets and scouring pads needed in his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013