In the Philippines, a variety store is basically a small convenience store where groceries, toiletries, and beverages are sold in the local neighborhood. It is the place to go to buy a sachet of shampoo, 5 PHP of cooking oil, or an egg. Liza buys her supplies at wholesale prices and sells by the piece. Her regular customers are her neighbors and local community members. She earns a minimum of 500 PHP in sales every day.
Norberta is requesting a 15,000 PHP loan to buy groceries, toiletries, and beverages to help continue to operate her business and expand her inventory. She expects a boost in her business income with her loan.
She hopes that her children will have a good life and she dreams of expanding her business. She faithfully meets up weekly with her co-fellowship* members to share stories of her work and draw strength and inspiration from studying the Word of God.
* 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 who gather to study the Word of God, build social capital, and repay microfinance loans.
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 TransformationThe 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.
1315View loans »