Check out some available loans that are similar to this one!
Letecia
This is Letecia, 41, a resident of Intramuros, Manila, Philippines. She is married to Joel, a welder, and she is a mother to her children. Together with her husband, she manages their household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.
Letecia operates an apartment rental business. The apartment is rented on a monthly basis. She earns a minimum of 3200 Philippine Pesos (PHP) in rentals every week.
To help her continue operating her business, she is requesting a loan of PHP 30,000. She will be utilizing the loan for the repair and maintenance of her apartment for rent. She expects a boost in her business income as she expands her business.
Letecia dreams to be able to add more 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 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

  • $1175
    Average annual income
  • 497
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Letecia to pay for repair and maintenance of her rental apartment.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013