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This is Michael, 32, resident of Silang, Cavite, Philippines. Single, he works hard to provide income for his everyday needs as he also help his parents financially.

Michael operates a hair parlor business. He mainly offers hair cutting, coloring, straightening/relaxing, etc. His regular customers are his neighbors and the local community, usually women. He earns a minimum of Php 250 in sales every day.

To help him continue operations of his business, he is requesting a Php 20, 000 loan. He will be utilizing the loan to buy products like hair straightening gel, scissors, shampoo, hair hot oil and other products needed for hair care in his parlor. He expects a boost in his business income as he expands his business.

Michael dreams to expand his business and hopes that his parlor will be able to branch out through all his hard work on his business. He faithfully meets up with his co-fellowship members to share stories of his work every week.

* 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

  • $7,000
    Average annual income
  • 1273
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Michael to pay for products like hair straightening gel, scissors, shampoo, hair hot oil and other products needed for hair care in his parlor.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 11, 2012
Dec 21, 2012
Currency Exchange Loss:
Jun 17, 2013