Check out some available loans that are similar to this one!
Divinagracia
Divinagracia, 61, is a resident of Manila, Philippines. She is a widow and a mother to her children. With help of her children, she is able to manage their household while operating a business. Divinagracia is working hard to continually provide income for her daily expenses.

Divinagracia operates a food stall. In the Philippines, the whole working community and most of the families only eat home-cooked meals during evenings when all of the family members are at home to take part in the meal. This is not only a family tradition, but a matter of convenience and frugal living. It is considered a waste of money and time to cook for one or two people because buying cooked rice and viands cost less than raw food. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP in sales every day.

To help her continue business operations, she requests a loan of 12,000 PHP. She will utilize the loan to buy additional stocks of products like meats, rice, vegetables, condiments and seasonings, and frozen food products. She expects a boost in her business income as she expands the business.

Divinagracia hopes her children will have businesses of their own. She faithfully meets with her fellowship members to share stories of her work every week and draw strength and inspiration from her study of 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. The fellowship groups gather each week to study the Word of God, build social capital, and repay 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
  • 1001
    View loans »
    Philippines Loans Fundraising
  • $54,488,350
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Divinagracia to buy raw ingredients like rice, pork, chicken, and vegetables and other products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2012
Listed
Dec 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013