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Josephine
This is Josephine. She is 44 and a resident of Manila, Philippines. She is married to Macario, a porter, and a mother to her children. She manages her household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Josephine operates a buy and sell business. What she basically does is buy general merchandise from wholesalers and sell them with a little profit. Her products are men and women’s clothes and other products of the like. Customers are attracted to buy due to the low selling prices and the many options she offers. Her regular customers are her neighbors and the local community. She earns a minimum of 300 Philippine Pesos (PHP) in sales every day.

To help her continue the operations of her business, she is requesting a PHP 50,000 loan. She will be utilizing the loan to buy ready-to-wear products and merchandise items like jackets, polo shirts, blouses, shirts and other products to expand her product inventory. She expects a boost in her business income as she expands her business.

Josephine hopes to be able to expand her business and dreams to have their own house. She faithfully meets up with her co-fellowship* members to share stories of her work every week 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 repay 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

  • $7,000
    Average annual income
  • 1262
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Josephine to pay for additional stocks of merchandise like jackets, blouses, shirts and other products needed in her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013