Jonalyn operates a food stall. In the Philippines, the whole working community and most of the families eat home-cooked meals only during evenings when all of the family members are at home to take part in the meal. This is not only the usual family tradition but a matter of convenience and frugal living. It is considered a waste of time and money to use cooking gas and food for one to two persons when buying cooked rice and viands costs less than buying raw food. Her regular customers are her neighbors and the local community. She is also into a direct-selling business for additional income. She earns a minimum of 600 Philippine pesos (Php) in sales every day.
To help her continue operating her business, she is requesting a loan of Php20000. She will be using the loan to buy greater quantities of products such as meats, rice, vegetables, condiments and seasonings, and frozen food products. She expects a boost in her business income as she expands her business.
Jonalyn hopes that her business will expand soon and dreams of giving her children a high-quality education. She faithfully meets with her co-fellowship members every week to share stories of her work; this is 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.
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.
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Success!! The loan was 100% repaid