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Milagros
Milagros is 54 years old, married, and has children. She is a resident of Bacoor, Cavite, Philippines. Her husband is a carpenter. She, together with her husband, manages their household while operating the business. She works hard to continually provide income for her everyday expenses.

Milagros maintains a direct selling business. She sells clothing, footwear, undergarments, cosmetics, and other products through the popular direct selling brands such as Avon, Fuller Life, Natasha, Boardwalk, Marikina Shoe Exchange, and other direct selling brands. A customers order is bought in cash by the dealer and then given to the customer with a one-month-to-pay credit. Dealers' prices are lower than those in the catalogs, and these are the profits that dealers are investing. Milagros' regular customers are her neighbors and the local community. She earns a minimum of 2,000 PHP in sales every week.

To help her continue operations of her business, Milagros is requesting a loan for 10,000 PHP, which she will use to buy additional supplies and merchandise products such as shampoo, cologne, deodorant, perfume, soap, fabric softener, undergarments, and other products needed in her business. She expects a boost in her business income as she expands her business.

Milagros hopes that her child who is studying nursing will finish her studies. 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 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. The fellowship groups gather each week to study God, build social capital, and pay microfinance 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
  • 1140
    View loans »
    Philippines Loans Fundraising
  • $54,566,475
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Milagros to purchase supplies and merchandise such as clothing, footwear, undergarments, and cosmetics..
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013