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Update on Fe

This is Fe. She previously used an 30,000 PHP loan to purchase hogs and feed needed for her business. Her earnings were a big help for the education of her children and in their personal, household and business expenditures.

She would like to apply for another 30,000 PHP loan to buy additional hogs and feed needed for her business. Her profits from her business will definitely help her to sustain her daily needs and educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.

Fe hopes to be able to expand soon and dreams to give her family a good future. She also hopes to have her house renovated. She faithfully meets up with her co-fellowship* members to share stories of her work every week. At these meetings, she can also draw strength and inspiration from the Word of God she studies.

*All CCT community partners and 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 microfinance loans.

Previous Loan Details

This is Fe, 56, a resident of Manila in the Philippines. She is married to Reymundo, a sidecar driver, and she is a mother to her children. She, together with her husband and children, manages their own household while operating the business. At this time, she is working hard to continually provi... More from Fe's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 793
    View loans »
    Philippines Loans Fundraising
  • $63,360,225
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Fe to pay for additional supplies of feed and hogs needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Dec 4, 2012
Currency Exchange Loss:
Jun 17, 2013
This photo was used before for a previous loan for Fe. It was first posted on Kiva on Jul, 2012. Learn More