Check out some available loans that are similar to this one!
Soledad
Soledad, aged 57, is a resident of Intramuros, Manila, Philippines. She is single and manages her house while operating her business. At this time, she is working hard to continually provide income for her everyday expenses.

Soledad sells newspapers. She also has a variety store, a small convenience store which sells groceries, toiletries and beverages. It is the place to go to buy one sachet of shampoo, 5 PHP-worth of cooking oil, or an egg. Her regular customers are neighbors and the local community. She earns a minimum of 500 Philippine Pesos (PHP) in sales every day.

To help her continue operatiing her business, Soledad is requesting a 14,000 PHP loan. She will be utilizing the loan to buy newspapers, grocery products and toiletries. She expects a boost in her business income as she expands her business.

Soledad hopes that her business will continue to be successful 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 can also draw 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

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
  • 1288
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Soledad to pay for newspapers, grocery products and toiletries needed in her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013