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Ella
This is Ella, 41, resident of Dasmariñas, Cavite, Philippines. She is married to Arnel, a businessman, and the mother of seven children. She and her children manage their household while operating a business. At this time, she is working hard to continually provide income for their everyday expenses and her children’s studies.

Ella operates a buy and sell business. What she basically does is buy different toy products from wholesalers. She repacks them and sells them for a little profit. Customers are attracted to buy due to the low selling prices and the many options she offers. Her regular customers are her neighbors and people from the local community. She earns a minimum of 300 Philippine pesos (PHP) in sales every day.

To help her continue operations of her business, she is requesting a 14,000 PHP loan. She will be utilizing the loan to buy more quantities of toy products to expand her product inventory. She expects a boost in her business income as she expands her business.

Ella hopes to grow her business soon. She dreams of giving her children a good and 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. This is 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 microfinance 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
  • 1132
    View loans »
    Philippines Loans Fundraising
  • $54,649,075
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ella to pay for additional supplies and products needed for her toy store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013