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Cynthia
Cynthia, aged 51, is a resident of Tondo, Philippines. She is a widow and a mother to her children. She and her children manage their household while she operates her business. At this time, she is working hard to continually provide income for her everyday expenses.

Cynthia operates a food stall. In the Philippines, the whole working community and most families only eat home-cooked meals during the evenings when all family members are at home to take part in the meal. This is not only the usual family tradition but also 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 people when buying cooked rice and food costs less than raw ingredients.

Cynthia's regular customers are her neighbors and the local community. She earns a minimum of 500 PHP in sales every day.

To help Cynthia to continue operating her business, she is requesting a 30,000 PHP loan. She will be utilizing the loan to buy raw ingredients like meats, rice, vegetables, condiments and seasonings, and frozen food products. She expects a boost in her income as she expands her business.

Cynthia hopes that her business will expand soon and dreams of having a good life. She faithfully meets up with her co-fellowship members to share stories of her work every week and she also draws strength and inspiration from the Word of God that she studies there.

* 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

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
  • 1486
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Cynthia to pay for raw ingredients and products needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013