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Emelita
This is Emelita, 43, a resident of Tondo, Manila, Philippines. She is married to Jacinto, a foreman, and is a mother to her children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Emelita operates a buy and sell business. She buys general merchandise from wholesalers and sells it with a little profit. Products can range from furniture to household appliances and other products of the like. Customers are attracted to buy due to the low selling prices and the many options they are offered. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 2,000 in sales every week.

To help her continue operations of her business, she is requesting a PHP 50,000 loan. She will be using the loan to buy additional stocks of merchandise like flat irons, washing machines, DVD players, rice cookers, standing fans and other products needed in her business. She expects a boost in her business income as she expands her business.

Emelita dreams to be able to give her all her children a good and high quality education and hopes to have her own car 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 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 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
  • 1651
    View loans »
    Philippines Loans Fundraising
  • $59,025,175
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Emelita to pay for additional stocks of merchandise like flat irons, washing machines, DVD players, rice cookers, standing fans and other 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