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Vicenta
This is Vicenta, 36, a resident of Manila, Philippines. She is married to Edgardo, a businessman. Vicenta is also a mother to her children. Together with her husband, Vicenta manages their household while operating her business. She is working hard to continually provide income for their everyday expenses.

Vicenta operates a food stall. In the Philippines, the whole working community and most of the families only eat home-cooked meals during evenings, when all of the family members are at home to take part in the meal. This is not only a usual family tradition but a matter of convenience and frugal living. It is considered a waste of money and time to spend cooking gas and food for one to two persons, when buying cooked rice and viands costs less than raw food. She also sells RTW (ready-to-wear clothing) for additional income. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP in sales every day.

To help her continue operating her business, she is requesting a 10,000 PHP loan. She will use the loan to buy larger quantities of ingredients, like meats, rice, vegetables, condiments, seasonings, and other products she uses in her prepared foods business. She expects a boost in her business income as she expands her business.

Vicenta hopes to grow her business and dreams of giving a good life to her children, by the grace of God. She faithfully meets with her co-fellowship members* every week, to share stories of her work and to 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
  • 253
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Vicenta to pay for ingredients and products she uses to prepare meals for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013